Auchan Retail Ukraine signed an agreement to purchase assets of the Ukrainian distributor of the Caravan. This reports the press service of Auchan.
Earlier the Antimonopoly Committee of Ukraine approved the holding of this transaction.
Now Auchan Retail Ukraine has 11 hypermarkets in five cities – Kiev, Lviv, Odessa, Zaporozhye and Krivoy Rog. In addition, the company engaged in e-Commerce in Kyiv and the region. The network of the Caravan operates 9 hypermarkets in Ukraine.
“Thanks to the redemption of the Auchan Retail Ukraine to strengthen its presence in Kiev, and is also present in four new cities – Kharkiv, Dnepr, the Zhytomyr and Chernivtsi”, – said in the message.
Auchan Retail is present in 17 countries and the scale of doing business is the 11th distributor of food products in the world. Network Auchan – 3715 points of sale: hypermarkets, supermarkets and convenience stores.
We will remind, earlier it was reported that the retailer Auchan plans to develop in Ukraine a network of “convenience stores”.