Indotek Group invests in ELO

By: Trademagazin Date: 2022. 04. 26. 18:09

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On 24 March ELO (a holding owned by Auchan Retail Holding and New Immo Holding) signed a strategic partnership agreement with Indotek Group. According to this, Indotek acquires a 47% stake in ELO’s Hungarian subsidiaries, Auchan Retail Magyarország and Ceetrus Magyarország. //