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
Always see our news on Google
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
Latest News
16:24
Dragoș Pîslaru warned that amendments to the decarbonization legislation could block payment requests from the PNRR and could lead to losses of billions of euros.
16:09
A former FBI agent with 'Top Secret' access has admitted to accessing FBI systems to steal digital funds.
15:58
Ford, clarifications following Ilie Bolojan's statements regarding the halt of production: "Currently, no production activity is taking place due to the usual summer vacation."
15:48
Turkish commercial ships attacked with drones in the Black Sea. Ankara condemns the incidents.
15:45
The Ministry of Finance is preparing for the Moody's evaluation, after maintaining the rating from Fitch.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
