“Annabella marks a new strategic moment in its development! We have successfully completed the takeover of 87 Profi and Mega Image stores, an important step in expanding our portfolio and strengthening our national presence. With this stage, we are closer to our goal of becoming a player with sound national coverage (…),” the retailer said on LinkedIn.
Annabella has recently bought 87 Mega Image and Profi supermarkets and convenience stores from Dutch-Belgian group Ahold Delhaize, which had to sell them in order to receive approval from Romania’s Competition Council to buy Profi.
Prior to this deal, Annabella had been operating only in Valcea, Arges, Olt and Dambovita Counties, and the deal enabled it to cover 17 counties.
(English version by Loredana Fratila-Cristescu)