Central Retail to acquire COL for $406m.

Central Retail, a retailing platform, agreed to acquire COL, an official products retailer, for $406m. "COL's strength is to have channels in both brick-and-mortar stores and a significant online presence, as well as making sales through its call centre. This will enable CRC to expand its customer base into new groups, particularly business-to-business and the younger customer segment, which is key for COL. The acquisition is expected to be completed within the first quarter of 2021," Yol Phokasub, Central Retail CEO.