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Italy's Conad Takes Over Management Of Six Iper Hypermarkets

Published on Nov 6 2018 1:44 PM in Retail tagged: Italy / Conad / Iper / Paywall / Gruppo Finiper

Italy's Conad Takes Over Management Of Six Iper Hypermarkets

Italian supermarket chain Conad has signed a lease agreement with retailer Finiper to take over the management of six hypermarkets along the Adriatic coast.

Italy’s Competition and Market Authority has approved the transaction.

From the first quarter of 2019, Conad’s associated cooperatives, Conad Adriatico and Commercianti Indipendenti Associati (CIA), will take over the commercial management of the Iper hypermarkets of Ortona, Pescara, Colonnella, Civitanova Marche, Pesaro, and Udine.

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