Moscow-based grocery retailer The Seventh Continent has said it is considering a merger with rival Perekryostok.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


“The Seventh Continent is interested in the widening of its network, plans to develop organically and considers mergers and acquisitions of other networks, including Perekryostok,” The Seventh Continent was quoted by Reuters as saying.


The retailer’s statement came after the general director of Perekryostok told a local magazine the two chains were in talks about a possible “union”.

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