The four stores Auchan will not take over are located in Arad, Constanta, Oradea and Suceava.
Auchan announced Friday it bought Real hypermarkets in CEE, including the ones in Romania, in a EUR1.1 billion deal. The transaction, which is pending approval, is expected to be completed next year.
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.
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.