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Auchan has completed the purchase of hypermarkets "Caravan"

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08.09.2017

5 September 2017, the Antimonopoly Committee of Ukraine has granted the company "Auchan Retail Ukraine" resolution on the acquisition of a distributor of "Caravan".

According to the press service of the company, all of the AMCU permissions on concentration enabled the company to successfully complete the redemption process of the network "Caravan". The total area of the hypermarket "Caravan" is 58 000 sq. m.

"After the purchase of shops, hypermarket "Auchan Ukraine Retail" reinforces its positioning in the country and continues to develop multi-format. The company will now own stores in nine cities and employ about 7,000 people," - said in the message.

"Auchan Retail Ukraine" operates a chain of 11 hypermarkets in Kyiv, Lviv, Odessa, Zaporozhye and Krivoy Rog. In June 2017, the company announced the signing of an agreement with the Ukrainian distributor of "Caravan" on the redemption of its asset – 9 hypermarkets in Ukraine, which employs 3,300 workers.

Holding Auchan unites more than 3700 outlets in the world.

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