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FamilyMart Co.'s parent company is Itochu, a Japanese trading company, with a stake of 50.1%. [3] On July 8, 2020, Itochu announced it would spend approximately ¥580 billion (approx US$5.5 billion) to purchase 100% of FamilyMart, with the intent to sell 4.9% of the shares to Zen-Noh and Norinchukin Bank. [14]
The owners are the Ball, Cosentino, McKeever, and Queen families in Kansas City and Crestline Capital, a Bass Family of Texas entity, and DGS Foods in Des Moines. All ownership groups are members of Associated Wholesale Grocers (AWG), which allows Price Chopper to have the buying power of large chains and to share marketing costs.
In August 2018, Itochu acquired 8.6% share of FamilyMart which is Japan's second largest convenience store chain behind 7-Eleven, through TOB, which made Itochu the 50.1% shareholder. Itochu participated in its equity earlier in 1998, and, after merging other competitors including CircleK, acquired further share to be a 95% shareholder in 2021.
Famima!! was a chain of small upscale convenience stores owned by FamilyMart stores of Japan.Founded on September 17, 2004, the stores brought the Japanese model of premium convenience stores targeting the middle- and upper-level income group of 21 – 41 years of age to the United States.
Mini Mart – locations throughout the Lewistown, State College, and Williamsport areas of Pennsylvania Rutter's ( York ) – locations throughout central and eastern Pennsylvania Sheetz ( Altoona ) – locations throughout Pennsylvania, Ohio, West Virginia, Maryland, Virginia, and North Carolina
In 2014, CP announced a tie-up with the Japanese general trading company Itochu under which CP acquired 4.9 percent of Itochu's listed stock for about US$1 billion, and Itochu in turn acquired a 25 percent stake in a Hong Kong-listed CP group company, CP Pokphand Co., for about $854 million.
How a Kansas City family keeps this ‘cherished culinary tradition’ going after 70 years. David Hudnall. October 3, 2024 at 3:00 AM
Itochu Techno-Solutions Co., Ltd. (伊藤忠テクノソリューションズ株式会社, Itōchū Tekuno-soryūshonzu Kabushiki-gaisha, abbreviated CTC) is a Japanese systems integrator based in Kasumigaseki, Chiyoda, Tokyo. It is a publicly traded subsidiary of Itochu Corporation.