Auchan will take over operations and real estate of Metro Group’s Real units in Poland, Romania, Russia, and Ukraine. The deal will be finalized next year, pending approval from antitrust authorities.
Aunchan also said it will rebrand Real hypermarkets in Central and Eastern Europe.
The deal includes 91 Real hypermarkets in Poland, Russia, Romania and Ukraine, as well as 13 shopping galleries in Russia and Romania. Auchan has 98 hypermarkets and over 65,000 collaborators in these four countries.
In Romania, Auchan has ten hypermarkets and Real has 24.
The deal ranks Auchan as the second largest retailer in Romania from its previous fourth spot, with cumulated sales of over EUR1 billion. The top retailer in Romania is Germany’s Kaufland, which had sales of around EUR1.3 billion last year.