Dutch retailer Ahold has announced that it has reached agreement to sell two Hypernova hypermarkets in Poland to Carrefour Poland for an undisclosed sum.
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The agreement, which is due to take effect on 18 November, is subject to a number of conditions, including anti-trust and other approvals.
The hypermarkets are located in the towns of Sosnowiec and Bydgoszcz. All associates employed in the two hypermarkets will have their employment transferred to Carrefour Poland.
Ahold said the divestment of the stores is part of its overall strategic plan to restructure its portfolio of assets and dispose of underperforming assets and operations.
