Spar International plans to step up growth in the Middle East in 2014 having signed a fresh licencing deal with Khimji Ramdas that will see it enter Oman.
The symbol retailer is expanding throughout the Middle East in a co-operative venture with Abu Dhabi Co-operative Society (ADCOOPS). The venture has already licensed partners QNIE in Qatar and BMI in Lebanon. The first Spar supermarkets will open in Doha and Beirut during 2014.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
“Spar is targeting the Middle East for growth in 2014,” MD Dr. Gordon Campbell said. “We are delighted to add Khimji Ramdas to our network of prestigious partners in the Middle East. With the combined knowledge and support of Spar ADCOOPs and Khimji Ramdas, Spar will expand rapidly in Oman.”
Khimji Ramdas is a conglomerate in Oman with diversified interests in trading, distribution, retailing, restaurants and manufacturing.
Click here for just-food’s recent interview with Spar MD Dr Gordon Campbell, in which he discussed the retailer’s international ambitions.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
