CNRG purchases Marvin’s chain of stores in four states
Published 12:04 am Sunday, August 16, 2015
NATCHEZ — Central Network Retail Group, LLC (CNRG) announced this week the acquisition of Marvin’s, LLC of Leeds, Ala.
Marvin’s operates 28 home center stores throughout Alabama, Mississippi, Georgia, and Tennessee with one under construction and an opening date set for October.
The stores sell a full assortment of lumber, hardware, plumbing, electrical, tools, paint, and lawn and garden supplies serving both DIY and Pro customers.
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“We couldn’t be more excited about the addition of Marvin’s to our portfolio of stores and brands,” said Jimmy R. Smith, chairman of CNRG.
Marvin’s fits perfectly into the geography of stores, giving CRNG us a stronger position in the southeast, said Boyden Moore, president of CNRG.
“Marvin’s is a very special brand and team of associates to me,” Moore said. “I am especially proud to have the opportunity to add to the great history and growth of the company as a key brand at CNRG.”
CNRG currently operates 81 home centers, hardware stores, and lumberyards in ten states under fourteen different brands. CNRG was formed in 2011. The company is building a multi-format, multi-brand operating company through strategic partnerships and acquisitions. For more information on the company visit www.cnrgstores.com.