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Companies / Czech Republic

Rewe Acquires Delvita In Czech Republic

November 2006 | Company News Alert

Belgium's Delhaize clearly had a buyer in mind and a deal on the table when it announced it would sell its Delvita supermarket business in the Czech Republic. BMI speculated that Germany's Rewe and the UK's Tesco would be among the most logical buyers. As it turns out, Rewe Group has snapped up the 96 Delvita supermarkets for EUR100mn (US$128.5mn), subject to some possible adjustments indicated in the fine print of the

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