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The United Trade Network will operate with the unified brand "Stokrotka". By implementing the integration project and opening the planned new stores, Stokrotka will have 563 stores at the end of the year.
"The neighboring peasant interconnection is part of a Polish strategy that will help strengthen Maxima's position and continue its development. . The merger will bring together the experience and knowledge of both companies, seek synergies and exploit economies of scale, "says Dalima Misiūnas, CEO of Maxima Grupė.
According to him, the merger will take place in the name of Stokrotka, because it is good brand known to customers. At the end of 2017, the 437 stores in Stokrotka belonged to the network and more than 8,000 were employed in the company. The turnover of "Stokrotka" amounts to 597 million. euro The turnover of "Aldik", managing 30 stores, increased by 9% in 2017 to 52 million. euro The company employed more than 700 employees by the end of 2017.
The total value of the acquisition of Emperia S.A. Holding amounted to more than 284 million. euro Maxima Group has become the largest investor in the capital of Lithuania in Poland
Maxima Group also manages the chains Maxima stores (in the Baltic states), T-Market (Bulgaria) and the food store Barbora "Operating in Lithuania and Latvia 2017 The Maxima Group's turnover, compared to 2016, grew by 4.2% up to 2.806 billion
The Maxima Group belongs to the Vilniaus Prekyba group of companies – one of the largest trading companies of the Baltic states and the region of Central and Eastern Europe
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