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:

E-Beko.cz leases showroom in Business Park Prague Zličín
CBRE has assisted in hammering out an agreement for the online home appliances retailer B  »
New shopping zone rising in Čestlice
For those who thought that the era of major shopping center development was over, plans by  »
GTC secures €200m loan to refinance Galeria Północna in Warsaw
GTC secured an investment loan facility of up to €200m from Bank Pekao S.A. for its flag  »
Neinver, TH Real Estate buy Warsaw outlet mall
Neptune, a joint venture between Neinver and TH Real Estate, acting on behalf of TIAA, has  »
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 (   »