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122 new news items in the last 24 hours
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  2. Current Affairs

The Kingfisher Group has sold Brico Dépôt Romania to Altex for €70 million, including 31 stores.

Delia Niculescu
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18 December 2024, 08:55
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Current Affairs
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The transaction includes the entire Brico Dépôt network, consisting of 31 stores in 24 cities, distribution operations, as well as the headquarters in Bucharest. The transaction is expected to be finalized in the first half of 2025. Brico Dépôt Romania will continue business as usual during this transition, maintaining its commitments to customers, employees and partners.

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Hot News
Altex preia operațiunile Brico Dépôt. Cât a costat tranzacția - HotNews.ro
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Ziarul Financiar
Una dintre cele mai mari tranzacţii pe final de an: Dan Ostahie a preluat retailerul de bricolaj Brico Depot de la britanicii de la Kingkisher pentru 70 mil. euro
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Economedia
Dan Ostahie (Altex) cumpără Brico Dépôt România, cu 70 de milioane de euro
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G4Media
Altex a cumpărat Brico Dépôt România / Prețul tranzacției pentru 31 de magazine în 24 de orașe: 70 de milioane de euro

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Carrefour has completed the sale of its operations in Romania to Pavăl Holding, marking the end of its 25-year presence in the local market.
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MAS Real Estate announces the sale of six malls in Romania to AFI for 281.8 million euros. The transaction includes shopping centers in Ploiești, Zalău, Baia Mare, Roman, Sfântu Gheorghe, and Bârlad.
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The owners of Dedeman take over Carrefour Romania. The Competition Council approved the takeover of the Carrefour group by Pavăl Holding.
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Carrefour stops importing seasonal vegetables and fruits and relies on local producers
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The Greek group Fourlis, which manages IKEA and Intersport stores, warns that the Romanian market risks becoming similar to the Greek one: Romania is becoming a major "headache".
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Inter IKEA will lay off 850 employees as part of a cost-cutting plan and transition to smaller stores.
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Kingfisher transaction altex

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