The German Schwarz Group, owner of Kaufland and Lidl, plans to acquire a majority stake in Romanian company La Cocos, subject to regulatory approval.
Ana-Maria Tapescu
Economy
Foto: https://www.facebook.com/lacocosvitantis/?locale=ro_RO
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The transaction will require customary approvals, including from the Romanian Competition Council. Christian Groh, president of Schwarz Corporate Solutions, emphasized the growth potential of La Cocoș and the willingness to work together to expand the existing business model. The current employees will remain part of the company after the takeover is finalized.
Sources
BREAKING Proprietarul Lidl și Kaufland vrea să preia retailerul român La Cocoș
Patronii nemți ai Lidl și Kaufland vor cumpere lanțul românesc de magazine La Cocoș
La Cocoș, primul retailer român de 1 miliard lei, va fi preluat de Lidl și Kaufland
ULTIMA ORĂ ANUNȚ Proprietarul Lidl și Kaufland vrea să preia La Cocoș
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