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.
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