14.9 C
London
Wednesday, September 25, 2024

Two retail chains to form alliance in Poland. Office approval

Must read

- Advertisement -


The President of the Office of Competition and Consumer Protection, in response to the application of the retail chains Auchan Polska and Intermarché, issued consent to the concentration and creation of a long-term purchasing alliance – the chains reported in a statement. As a result, both companies will establish a new entity whose task will be to represent them in negotiations with contractors.

Auchan Polska and Intermarché submitted applications to the President of the Office of Competition and Consumer Protection for consent to the concentration on May 24, 2024.

Auchan Polska and Intermarché shopping alliance

The partners expect that their cooperation will result in strengthening relationships with suppliers – by broadening their business prospects, as well as increasing the attractiveness of the prices of the offered products as a result of combining the purchasing power of both brands.

- Advertisement -

It was stated that the scope of cooperation assumes conducting joint negotiations on the terms of purchase of food and non-food products of own, national and international brands with selected suppliers delivering these items directly to each of the chains.

Auchan and Intermarché will also jointly purchase goods and services for the purposes of running their own businesses.

Main image source: Shutterstock



Source link

More articles

- Advertisement -

Latest article