Kingfisher bought the Praktiker Romania DIY chain
The Brico Depot Romania belongs to the Kingfisher group of companies bought the hundred percent of Praktiker Romania’s shares from the Susli family – the Romanian mediafax news agency told.
Praktiker is operating 26 DIY and Home Furnishing stores in the country and employs more than 1,600 people. Last year, sales amounted to 140 million euros.
Brico Depot has 15 department stores and almost a thousand employees in Romania, and its turnover last year amounted to 144 million euros.
Kingfisher is one of Europe’s largest retailers with 77,000 employees, which operates 1200 home decor and DIY stores in ten countries. Kingfisher includes B and Q,, Castorama, Birco Depot and the Screwfix retail chains. (MTI)
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