Dutch retailer Ahold has announced that its Brazilian unit Bompreco has acquired nine out of fourteen assets from Brazilian supermarket chain Lusitana. Included in Bompreco’s purchase are six supermarkets, a hypermarket, a distribution centre and a department store all in northeastern Brazil.
Dutch retailer Ahold has announced that its Brazilian unit Bompreco has acquired nine out of fourteen assets from Brazilian supermarket chain Lusitana.
Included in Bompreco’s purchase are six supermarkets, a hypermarket, a distribution centre and a department store all in northeastern Brazil.
The 800 staff working at the sites will continue to be employed.
The deal is still subject to regulatory approval, reported Reuters News.
