The merger between Greek Atlantic Supermarkets and rival food retailer Galinos Laoutaris is slated for completion by the end of this year. The newly merged operation will run a total of 165 supermarkets across Greece. Full year turnover is forecast at approximately Dra122bn (US$324m), reports Naftemporiki.
GREECE: Greek supermarket merger due for completion by end of 2001
The merger between Greek Atlantic Supermarkets and rival food retailer Galinos Laoutaris is slated for completion by the end of this year. The newly merged operation will run a total of 165 supermarkets across Greece. Full year turnover is forecast at approximately Dra122bn (US$324m), reports