Will  Auchan buy  Karavan hypermarket chain?

Will Auchan buy Karavan hypermarket chain?

19.01.2017 News

Hypermarket chain Karavan may go under the leadership of the french sub domestic corporation Auchan.

This information was confirmed by a source in the Ukrainian network Auchan, several members of its advisory on commercial real estate, and also the authorized representatives of companies that are working with a network of hypermarkets Karavan. The final deal has not closed, but it is nearing completion.

There are suggestions that Auchan, as part of the international large holding does not divulge all of the details of the transaction until its final completion. But, nevertheless, this information is not groundless.

General Director of the Ukrainian association of suppliers of retail chains Oleksii Doroshenko has noted that the willingness of owners to sell the current network is quite understandable: “Now in Ukraine the desire to come out of business have many owners of retail chains. Many small networks are at a loss, and the owners understand that they can not continue to keep working. Some negotiating the sale already for the third circle. I think Karavan is not an exception, and information on negotiations can be reliable.”

Also read: Who will become the new manager of Novus?

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