Trademagazin > News and articles > Market News > Conad Centro Sud formed with the merger of cooperatives
Conad Centro Sud formed with the merger of cooperatives
Conad PAC 2000A and Conad Sicilia have agreed to merge to form Conad Centro Sud, a group with a total turnover of EUR 4.5 billion and a market share of 22.5 percent. Conad Centro Sud will have 1,052 members, more than 20,000 employees and around 1,468 points of sale. The move is part of Conad’s process of rationalising a number of its units to increase market efficiency.
Related news
Bunge and Viterra agree mega-merger to form global agribusiness powerhouse
Bunge has entered into a definitive agreement with Viterra, together…
Read more >MEDIA Central Group and ShopFully join forces to become Europe’s leading drive-to-store marketing platform for major retailers and brands
MEDIA Central Group, Europe’s largest specialist in shopper activation, has…
Read more >
More related news >
Related news
Autumn brought a more restrained result in tourism
Following the summer growth, September showed more modest numbers in…
Read more >Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >