VGH said in a statement that the acquisition would further strengthen its position as one of the leaders in the premium grocery segment, having increased its total outlets to 13 with a combined annual revenue of approximately RM560mil.
PETALING JAYA: Village Grocer Holdings Sdn Bhd (VGH), majority-owned by private equity (PE) firm Navis Capital Partners, has acquired the entire stake in grocery chain Ben’s Independent Grocer Sdn Bhd (B.I.G) from The Big Group Sdn Bhd.
VGH said in a statement that the acquisition would further strengthen its position as one of the leaders in the premium grocery segment, having increased its total outlets to 13 with a combined annual revenue of approximately RM560mil.
