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11.09.2018 | 16:21

Ekomarket bought large Western Ukrainian network of supermarkets

Ekomarket bought retail business of Avanta Group.

Ekomarket bought retail business of Avanta Group, trading house, which includes 43 shops Colibris and 15 franchise stores of ABC market. 

It was reported by two independent Western Ukrainian market. It was reported by Retailers.

"Suppliers which have contracts with Colibris networks say that operational business and stores were transferred to Ekomarket," one of the sources said. 

At that, Ekomarket President Viktor Povnitsa said that Avanta Group became retailer's franchisee. 

"Western Ukrainian group will be our franchisee and all the stores of Avanta Group will change name into Ekomarket. It goes about 43 stores. The brand changes will start in October," he noted. 

As to him, the partners was negotiating for about a year. Many variants were discussed, from sale to transfer retail business of Avanta Group to management. 

Povnitsa added that retailer didn't plan franchise option.

References in the article: investments, ekomarket, supermarket
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