Coen Markets announces plans to acquire CoGo's
October 19, 2018
Pittsburgh Business Times
Coen Markets Inc., a division of Coen Oil Co., announced that it has signed an agreement to purchase the outstanding stock and operating assets of CoGo's Co.
CoGo's Co., located in Pittsburgh, operates 38 convenience stores and has a franchise program. No financial details were released.
"We are thrilled to announce Coen's latest acquisition. CoGo's footprint is highly complementary to Coen's existing stores," said Coen Markets' CEO Charles McIlwaine in a release. "Together, the chain will have over 65 directly operated locations in PA, WV, OH and MD, with a supporting franchise network."
Coen's acquisition of CoGo's follows the sale of its Coen Energy business in the fall of 2017, and the subsequent concentration on expanding its retail platform.