Food stores

Global Company Acquires Sprint Food Stores, Including Aiken County Sites | Local News

Sprint Food Stores Inc., which is based in Augusta and has 16 convenience stores in Aiken County, is being sold.

Central States Manufacturing Holds Grand Opening Ceremony and Groundbreaking Ceremony at New Graniteville Plant

The buyer is the EG group, based in England.

This international company announced on Wednesday that it had reached an asset purchase agreement with Sprint.

The deal, which is expected to be finalized by the end of this year, includes all 34 Sprint stores in Georgia and South Carolina.

EG will also acquire the exclusive foodservice brand “Sprint Kitchen”.

When the transaction is finalized, EG will be the operator of more than 1,750 outlets in this country in 33 states.

Generac expands the size of its manufacturing, assembly and distribution plant in Trenton

EG also has similar business interests in Europe and Australia.

Brothers Mohsin and Zuber Issa founded EG in 2001.

“We’ve built a strong and successful business over the past 24 years and are proud of everything we’ve accomplished,” Sprint Chairman and CEO Andy Jones said in a prepared statement. “The hard work and commitment of our team members have been the most important factors contributing to our success. The EG Group is a highly innovative and growth-oriented company, and we are confident that they will be able to leverage both their expertise and the dedication of the Sprint team members to ensure these stores thrive even more. .

Nothing Bundt Cakes will open next year in Aiken; recruitment in progress

According to mysprintfs.com, Sprint convenience store locations in Aiken County include four in Aiken and eight in North Augusta.

EG’s announcement of the purchase agreement with Sprint did not include a price.

But Sky News, which is based in England, described the deal as a “$300 million acquisition”.