Studenac completed the acquisition of Lonia Trgovina.

Studenac, a shop retailer, completed the acquisition of Lonia Trgovina, a store developer. Financial terms were not disclosed. “Our digital unit is key to solving a number of the challenges we face. It will help us tailor our product range and pricing, building localized and personalized offerings and helping us communicate that information to shoppers through channels including our mobile app. Building a network this large has convinced us that digital transformation isn’t just a buzzword, it’s essential to delivering what our customers expect from us,” Michal Senczuk, Studenac CEO.