Kroger, Peak Rock Capital announce definitive agreement for sale of Kroger's Turkey Hill business
The Turkey Hill business will be sold to an affiliate of Peak Rock Capital.
The Kroger Co., Cincinnati, and Peak Rock Capital, an Austin, Texas-based middle-market private equity firm, announced a definitive agreement for the sale of Kroger's Turkey Hill business to an affiliate of Peak Rock Capital.
As part of the sale agreement, the Peak Rock Capital affiliate will continue to operate the business out of Turkey Hill's large Conestoga, Pa., facility with its nearly 800 full-time, part-time and seasonal associates and under the same recognizable Turkey Hill brand.