Poland’s Żabka Group Acquires Romanian Food Distributor DRIM Daniel
Polish retailer Żabka Group has acquired a majority stake in Romanian food distributor DRIM Daniel Distributie.
Founded close to three decades ago, DRIM Daniel Distributie is a family-run Romanian company focused on the distribution and logistics of FMCG products. The Pitesti-based company operates a large logistics network supplying over 12,000 stores and employing 800 people.
The move into Romania aligns with Żabka’s 2021 growth strategy and represents the culmination of the company’s efforts to develop its concept and ecosystem for expansion across Europe.
Combined Strengths
Following regulatory approval from the Romanian Competition Council, Żabka plans to focus on boosting DRIM’s development by leveraging the combined strengths of both firms – DRIM’s market dominance and Żabka’s retail expertise and financial strength.
Żabka said that the partnership with DRIM unlocks crucial market knowledge and experience, paving the way for future investments and expansion across the region.
Over the past number of years, Żabka has transformed into a European convenience leader. Owned by CVC Capital Partners, it boasts over 10,000 stores, door-to-door services, digital services, and some three million daily customers.
Related news
Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a…
Read more >Spain’s Grupo Alimentario IAN buys local olives producer Interoliva
Spanish canned vegetables and ready meals maker Grupo Alimentario IAN…
Read more >Kaufland to open its marketplace in Poland and Austria
Kaufland, one of the larger ecommerce platforms in Germany, is…
Read more >Related news
Grilling cheese didn’t go up in smoke
The average price of grilling cheese is much higher (nearly…
Read more >What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >