Eurocash acquires a part of Emperia

09 February 2011

Olga Lesniewska, Emilia Stepien

Eurocash, one of the leading Fast Moving Consumer Goods (FMCG) companies in Poland, informed about the upcoming acquisition of Tradis, a distribution group owned by Emperia. This one-billion PLN transaction (approximately EUR 250 million) may take place once the Polish Antimonopoly Authority gives clearance on the concentration. Eurocash now owns “ABC” stores, a “cash and carry” wholesaler, and a delicatessen “Delikatesy Centrum”. After the concentration, Eurocash will control approximately 17% of the Polish FMCG market and will become the largest FMCG distributor in Poland. Eurocash’ wholesalers mostly supply small retail stores - the transaction will enable them to compete with the biggest players like Tesco or Carrefour. Emperia will remain an independent entity focused on the retail market with a 14 % participation in Eurocash’s shareholder structure.