CCC buys 41 stores for PLN 68.5 mln
18:29
Footwear retailer CCC has signed an agreement to purchase a company with a portfolio of 41 stores located in Poland from Adler International for PLN 68.5 million, CCC announced. Four out of the 41 stores purchased are in preparation. “The seller will use the funds from the sale to accelerate the expansion of CCC franchising network in Ukraine and will launch 50 new CCC stores by 2021,” the footwear retailer stated. In 2017, CCC had a gross profit of PLN 18.5 million. The deal is subject to approval by competition watchdog UOKiK.
