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CNRG Buys 28-Unit Marvin’s Building Centers

In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain.

Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and Tennessee with one additional unit currently under construction and scheduled to open in October.

Founded in 1945, Marvin’s stores sell a full assortment of lumber, hardware, plumbing, electrical, tools, paint, and lawn and garden supplies serving both DIY and professional customers.

“We couldn’t be more excited about the addition of Marvin’s to our portfolio of stores and brands,” says 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, adds, “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.” Prior to founding CNRG in 2011, Moore served as Marvin’s president and CEO for 7 years.

With this addition, CNRG now operates 81 home centers, hardware stores, and lumberyards in ten states under fourteen different brands. CNRG was formed in 2011 with the expressed goal of building a “multi-format, multi-brand operating company through strategic partnerships and acquisitions.”

About Renee Changnon

Renee Changnon is the retail outreach coordinator for NRHA. She meets with retailers in their stores and at industry events and introduces them to the services NRHA provides. Renee previously worked as a member of the NRHA communications team. She earned a degree in visual journalism from Illinois State University, where she served as the features editor for the school newspaper. After college, she implemented marketing and promotions initiatives at Jimmy John’s franchise locations across the country. She enjoys exploring books with her book club, Netflix marathons and hosting goat yoga at her apartment complex. Renee Changnon 317-275-9442 rchangnon@nrha.org

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