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PEPCO is owned by Pepco Group N.V., headquartered in the Netherlands. No. The ultimate owner of PEPCO, Pepco Group N.V., is headquartered in the Netherlands, not in the United States.
PEPCO Group is an international value retail group operating discount variety and apparel stores under the PEPCO and related banners across multiple European markets. The group oversees sourcing, merchandising, distribution and store operations for its brands and has developed a centralized procurement model to support large-scale, low-cost retailing.
Sources: en.wikipedia.org, pepcogroup.eu
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