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Zabka eyeing new acquisitions as store count hits 2,750


2012-09-18

Zabka Polska, the grocery retail group owned by Mid Europa Partners (MEP), is in takeover talks with five retail chains in various parts of Poland, and remains confidently on course to expand its store network to 2,900 by the end of the year, propelling it to a top five retailer in the country, CEO Jacek Roszyk told Newseria and Rynek Spozywczy in September.

Mr Roszyk stressed that the targets, which are active e.g. in Kujowsko-Pomorskie, Dolnoslaskie, Slaskie, or Malopolskie and are all larger in size than supermarket group Zatoka, its latest acquisition, will not be Zabka’s last M&A deals as consolidation in Poland’s retail sector continues apace. According to Mr Roszyk, a growing number of small chains are approaching Zabka about being acquired by, or leased out to the group, under its “store for rent” model based on lease agreements with existing owners.

At present Zabka has 2,750 stores, including 2,585 eponymous convenience stores and 165 Freshmarket supermarkets. The 2,900 target means about one store addition per day until the end of the year.



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