Mega Image Almost Halts Expansion In 2023, When Parent Group Announced Acquisition Of Rival Profi

01.19.2024 By Cristina Roşca

Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of retailer Profi, which operates solely in this country. The EUR1.3 billion deal (Pre-IFRS) is now under review by the Competition Council.

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Keywords:
mega image
, expansion
, slowdown