A European group that enjoys a massive presence at the international level, with operations in the large-scale distribution sector, is currently implementing a significant disinvestment plan involving several of its operations located in Europe.
Specifically, the assets potentially available for sale include retail distribution chains located in central Europe, each operating with its own brand.
The distributional portfolio covers various segments, such as a chain of retail department stores, a chain of sports equipment stores and a supermarket brand comprising multiple locations.
The disinvestment in question is not motivated by the performance of the sales points, which actually report excellent numbers. Rather, the motivations derive from a strategy of focusing on other market segments.
Detailed information will be made available following a well-documented inquiry.
The group is also open to other alternatives regarding the scope and technical character of the divestiture.