Announced
Completed
Financials
Sources
Tags
Completed
Portugal
convenience store
supermarket
Food Retailers and Wholesalers
Acquisition
Majority
Private
Friendly
Single Bidder
Cross Border
Synopsis
Auchan, a grocery retailer, completed the acquisition of DIA Portugal Supermercados, a chain of supermarkets in Portugal, from Distribuidora Internacional de Alimentación, a Spanish multinational hard-discount supermarket chain. Financial terms were not disclosed. “This new deal with the Dia Group, following the recent acquisition of stores in Spain, demonstrates the quality of our relationship with this major global retailer," Yves Claude, Auchan Chairman and CEO.
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