Indianapolis, Village Pantry, Inc., an affiliate of Sun Capital Partners, has acquired Imperial Co., Inc., which operates 33 “Next Door Store” convenience stores in Michigan and northern Indiana.
“We are delighted to be adding the ‘Next Door Store’ convenience stores to the Village Pantry portfolio of convenience stores to augment our footprint in two mid-western states,” said Village Pantry Inc. president and CEO Mick Parker. “We expect to take advantage of the economies of scale offered by this transaction and be better positioned to enhance the value proposition for our loyal customers. The transaction will also provide increased opportunities for growth and the continued rollout of new merchandising concepts.”
Terms of the acquisition were not disclosed.