CoGos acquired by Canonsburgs Coen Markets
It was recently confirmed by Charlie McIlvaine, the chief executive officer of Coen Markets, that his company had closed its purchase of the CoGo string of convenience stores.
Coen Markets is a division of Coen, which is a Canonsburg-based company, and already had 28 convenience stores across three states operating under the name Ruff Creek Market. Those 28, when combined with CoGo’s 38 convenience locations, make a combined total of 66 stores, of which 57 include gasoline pumps.
For the time being, Ruff Creek and CoGo’s stores will maintain their individual identities, although all stores may be united under one name at some future point. Coen plans to expand food options and upgrade the CoGo facilities while retaining all of that companies employees.
In situations such as this one, flyer printing is often used to reassure the customers of the purchased business.
Both Coen and CoGo, each a local, family-owned company, have been discussing the purchase since early 2018. The closing took place in late December, and the price of the purchase has not been disclosed.
All of CoGo’s assets as well as its 10-store franchise program are now all owned by Coen Markets. John Eby III, the former CEO of CoGo will be a Coen Markets vice-president.
According to McIlvaine, Coen Markets will not rule out additional acquisitions, but for now the company will focus on assimilating the newly purchased locations.
Coen Markets is a division of Coen, which is a Canonsburg-based company, and already had 28 convenience stores across three states operating under the name Ruff Creek Market. Those 28, when combined with CoGo’s 38 convenience locations, make a combined total of 66 stores, of which 57 include gasoline pumps.
For the time being, Ruff Creek and CoGo’s stores will maintain their individual identities, although all stores may be united under one name at some future point. Coen plans to expand food options and upgrade the CoGo facilities while retaining all of that companies employees.
In situations such as this one, flyer printing is often used to reassure the customers of the purchased business.
Both Coen and CoGo, each a local, family-owned company, have been discussing the purchase since early 2018. The closing took place in late December, and the price of the purchase has not been disclosed.
All of CoGo’s assets as well as its 10-store franchise program are now all owned by Coen Markets. John Eby III, the former CEO of CoGo will be a Coen Markets vice-president.
According to McIlvaine, Coen Markets will not rule out additional acquisitions, but for now the company will focus on assimilating the newly purchased locations.