DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

Maxima Acquires Polish Retailer Aldik Nova

By square1
Share this article
Maxima Acquires Polish Retailer Aldik Nova

The Baltic Maxima Group has completed the acquisition of Polish retail chain Aldik Nova. Lithuania-based Maxima will take control of 21 supermarkets, a bakery, and a pastry-making unit.

With outlets in Poland’s Lubelski and Podkarpackie regions, Aldik Nova employs 700 people. “We have acquired the retail chain in line with implementation of our strategic policy of expansion to foreign countries. We will learn more about the Polish retail market by managing the chain,” said the Group's Director General Mindaugas Bagdonavicius. “Our major strategic directions for 2012 remain unchanged: the Group has been planning further moderate expansion abroad.”

No financial details of the deal were released to the public. (7 Mar)

© 2012 ESM: European Supermarket Magazine

© 2012 ESM: European Supermarket Magazine

Read more about private label by Editor

ADVERTISEMENT
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.