Auchan buys Ok supermarket network

Auchan buys Ok supermarket network

Published at: 2017-12-06 11:14 | Author: CIJ Journal
French retail group Auchan, one of the largest players in Romania, took over the Ok supermarket network in a deal worth RON 15m. The sellers were two Romanian entrepreneurs, according to local news reports. Auchan has already begun remodeling the three stores in the Ok chain. Two will reopen this week, while the third location is set to open on Monday. The three stores will be operated under the My Auchan brand.

Similar Stories:

Hyprop buys two Zagreb shopping centers
In Zagreb two shopping centers were sold to the real estate investment company Hyprop. The  »
Lidl uses wage hike in fight for employees
Discount groceries in the Czech Republic have declared a wage war, with German-based Lidl  »
Aupark expansion planned in Bratislava
Aupark in Bratislava is to be expanded. Its owner Unibail-Rodamco has filed documentation  »
Nexterio moves to Zakopianka retail park
Nexterio, a Kielce-based retailer that sells ceramic tiles, gres tiles, clinkers and mosai  »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
Hypermarket are proving to be quite the asset class for Real Estate Investment Companies (   »