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Kroger to acquire Giant Eagle supermarkets for $1.65B
PUBLIC · KRJul 01, 2026•8 days ago
Acquiring Company
Kroger
Acquired Company
Giant Eagle
United StatesFood and BeverageFood And BeverageE CommerceGroceryRetailE CommerceRetail
Description
Kroger announced it will acquire Giant Eagle supermarkets and pharmacies for $1.65 billion, set to close in 2027. The deal intends to keep Giant Eagle's name and services unchanged. Giant Eagle will continue to operate under its existing leadership and culture. This acquisition is expected to enhance Kroger's presence in the grocery market.
Company Information
Company
Kroger
Location
United States
About
Kroger Co. is one of the world's largest grocery retailers, with fiscal 2020 sales of $132.5 billion. The company operates a seamless digital shopping experience and 2,800 retail food stores under a variety of banner names.
United StatesFood and BeverageFood And BeverageE CommerceGroceryRetailE CommerceRetail