Early August, Mega Image said it reached an agreement for the acquisition of 20 out of 22 stores operated by Romanian meat products retailer Angst.
Mega Image expects the 20 units to generate revenue of EUR21 million per year.
In May, Angst group decided to withdraw its 22 stores from Carrefour Express franchise to focus on its field of expertise- the production of processed meat.
Founded in 1995, Mega Image is the largest supermarket chain in Romania, with stores under the brands Mega Image (172), Shop&Go (148) and AB COOL FOOD (1).