According to Ziarul Financiar, the international group of professionals in the retail sector, which acquired the four Real units, is represented by executives Dusan Wilms and Gerardo Monzillo, former directors of Metro Romania.
The sale included both the actual stores and the lands on which they are located.
The four Real stores in Romanian cities of Constanta, Suceava, Oradea and Arad are the ones left after Metro had sold other 20 Real hypermarkets to French Auchan. This move was part of an international transaction which implied the operations in several countries.
Metro officials had previously said they were planning to sell the four Real stores left in Romania, but there was no pressure in this respect, as they were expecting the proper time to sell. The transaction with Auchan was signed nearly four years ago.
The four stores, covering nearly 7,500 square meters each, had sales of nearly EUR50 million in 2016. Following the sale, Metro will keep in Romania the Metro Cash & Carry business which consists of 30 stores and a turnover of nearly EUR1 billion.