Coop Sweden Acquires Netto's Swedish Stores
Coop Sweden has announced that it has acquired Salling Group's Netto retail chain in the country through Coop Butiker & Stormarknader AB.
Chief executive of Coop Sweden, Magnus Johansson, welcomed Netto to the Coop family. "With considerably more stores and larger volumes, Coop will now have more muscles behind our vision to be the good force in food [in] Sweden, and thus increase the benefit to our owners - our 3.5 million members,” he added.
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