Papua New Guinea’s (PNG) popular commercial business, CPL Group of Companies successful concluded a Sales Business Agreement (SBA), handing over all Stop & Shop Divisions operation’s to Taylor Pacific Limited effective on August 11th  2025. The SBA operation aligns with CPL Group’s broader business review and realignment strategy, with a renewed focus on its core mission: delivering affordable, accessible healthcare to the people of Papua New Guinea. This operational transition follows the completion of a confidential Heads of Agreement between the two parties in early June 2025. The PNG registered and locally based Taylor Pacific Limited will continue full responsibility for all seven Stop & Shop operation outlets across Port Moresby, including food service brands Bon Café and Fresh Express. Moreover, Taylor Pacific has established investments in PNG’s agriculture and livestock sectors. In recent years, the company acquired Hugo Canning, the producer of the iconic Ox & Palm Corned Beef and expanded its local footprint with the acquisition of Sepik Fresh Poultry Farm, and has plans underway to develop additional poultry and beef producing operations in Vanapa, Central Province, to help meet PNG’s growing demand for locally produced food. Founder of CPL Group, Sir Mahesh Patel spoke highly of their decision and the trust in Taylor Pacific’s capability to maintain the legacy of Stop & shop. “We are immensely proud of the legacy Stop & Shop has built over the past two decades with the communities throughout Papua New Guinea. We look forward to seeing the Stop and Shop brand continue to grow under Taylor Pacific’s stewardship.” “The transition enables CPL Group to accelerate its expansion into healthcare services, in line with the recent launch of the CP Medical and Diagnostic Clinic at Vision City Mall,” said Mr. Patel. In addition, CPL Group Chairman Stan Joyce stated that the decision to transfer the Stop & Shop division supports the company’s long-term value goals and operational strategy. He expressed confidence that Taylor Pacific would maintain the brand’s strong community ties and high service standards. Both CPL Group and Taylor Pacific Limited remain committed to ensuring continuity of employment for all current Stop & Shop staff as part of the transition. This commitment reflects both organizations’ shared values around community support and local workforce development. Customers can expect business to continue as usual from the official transition date, including the same friendly service, familiar faces, and ongoing benefits of the Real Rewards Loyalty Program, and the support to SME and farming communities will carry on as usual. CPL announced plans to expand its network of medical and diagnostic clinics across Papua New Guinea, following the overwhelming success and heartfelt public appreciation of the first CP Medical and Diagnostic Clinic in Vision City Mall. This strategic move reflects CPL’s dedication to improving access to affordable, high-quality healthcare and advancing the wellbeing of communities nationwide. Following the overwhelming success and heartfelt public appreciation of our first CP Medical and Diagnostic Clinic in Vision City Mall, we are pleased to announce that CPL is in the process of acquiring and establishing new medical and diagnostic clinics throughout Papua New Guinea as part of a strategic brownfield expansion initiative. CPL aims to further support the health and wellbeing of Papua New Guineans. Furthermore, CPL Board of Directors, Management and Staff extend their deepest gratitude to our loyalty customers for their trust and support of the Stop & Shop brand over the past 20 years.