CNRG acquires Habersham Hardware
Natchez, Miss.-based Central Network Retail Group (CNRG) added to its growing list of acquisitions with Habersham Hardware and Home Center in Cornelia and Clarkesville, Ga.
CNRG operates 39 home center and hardware stores in seven Southern states. At Habersham, Brentt Cody, the grandson of the retailer’s founder Paul Reeves, will serve as district manager for CNRG’s newly formed Georgia District. Both Habersham stores sell hardware, plumbing, appliances, tools, paint, lumberand building supplies.
“We are excited about the addition of the Habersham Hardware and Home Center to our company,” said Jimmy Smith, chairman of CNRG. “Habersham will serve as a foundation for us to grow a new district in Georgia.”
The transaction is expected to close Dec. 28, bringing Habersham into the CNRG fold with other brands, including Home Hardware Center, Morrison Terrebonne Lumber Center, NFL Home Center, Elliott’s Hardware and Town & Country Hardware.
“We are excited about this step forward in our growth and look forward to more to come,” said Boyden Moore, president of CNRG.