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Synopsis
TERNO, a company that operates supermarket chains under brands Terno and Kraj, completed the acquisition of CBA Market, a grocery retailer. Financial terms were not disclosed. „The new acquisition helps us to establish our presence in central Slovakia, especially Horehronie region, where we were not present so far. We also look forward to future cooperation within CBA SK, a.s. We see numerous synergies that can be utilized in all areas of our operations as well as in obtaining more favorable purchasing terms, which will result in improving of our final product and service for customers," Stanislav Čajka, Terno CEO.
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