Making News

 

CNRG Acquires Marvin’s
August 10th, 2015

Natchez, MS – Central Network Retail Group, LLC (“CNRG”) is proud to announce the acquisition of Marvin’s, LLC (“Marvin’s”) of Leeds, Alabama. Marvin’s operates 28 home center stores throughout Alabama, Mississippi, Georgia, and Tennessee with one under construction to open in 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.

“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 in our geography of stores giving us a stronger position in the southeast.” Boyden Moore, president of CNRG, added, “Marvin’s is a very special brand and team of associates to me. 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.”

About Central Network Retail Group, LLC

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.

Contact: Boyden Moore, (901) 205-9075, boyden.moore@cnrgstores.com

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