Eurocash acquires newsstand network
22:34
Poland’s largest FMCG distributor Eurocash has signed a preliminary agreement to acquire 51 percent in the company managing the InMedio newsstand network from Lagardere Services and HDS Polska, the company said in a release this week.
The deal is subject to approval from the Office of Competition and Consumer Protection.
At the same time, Eurocash Convenience – a newly established unit of the group – signed a franchise agreement with HDS Polska on using the 1 Minute brand to develop a convenience store network.