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 >Merger of the two biggest retail chains in the USA
Kroger Co. and Albertsons Cos. signed a USD 24.6bn deal…
Read more >Related news
Hungary has plenty of work to do in the regional “long-distance running”
Based on the ten- and twenty-year trends – one of…
Read more >Consumers hate “dynamic pricing”.
In the past period, customers had to familiarize themselves with…
Read more >NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible…
Read more >