The expansion in this country is part of the group’s long-term strategy to grow in Central and Eastern Europe.
The transaction was brokered by the Retail Agency team at Cushman & Wakefield Echinox.
“Our ambition is to bring the MR.DIY concept as close as possible to customers throughout Romania, and the start of this collaboration with EUROINVEST is an excellent step in that direction,” said Catalin Secareanu, Business Development Manager, MR.DIY.
MR.DIY, originally from Malaysia, is one of Asia’s leading low-price retailers of home and DIY products, with a strong presence in Southeast Asia and Europe. Its portfolio includes home goods, DIY supplies, home décor, stationery, and electronic accessories.
(English version by Loredana Fratila-Cristescu)