Greek supermarket chain Arvanitidis is in negotiations to buy eight supermarkets from the Katanalotis Coop supermarket operator, which operates a total of 33 supermarkets in northern Greece.
Of the eight stores in question, seven are in Katerini and one in Thessalonika. If it goes ahead, the acquisition will give Arvanitidis 89 supermarkets in northern Greece.
Arvanitidis has forecast turnover of Dra70bn (US$185.7m) for the period July 2000 to December 2001.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
