Lithuania-based Maxima Grupė is one step closer to acquiring Emperia Holding, with the news that it has signed an investment agreement with the business and is submitting a tender offer to acquire 100% of company’s shares on Warsaw Stock Exchange.
Emperia Holding controls the Polish retail chain Stokrotka, which comprises some 410 stores and has a market share of around 20% in the convenience segment.
“Stokrotka is one of the leading food retail chains in the Polish market,” said Petras Jašinskas, chairman of the board at Maxima Grupė.
