Eurocash buys PDA

FMCG giant Eurocash has signed a preliminary deal to buy a 100 percent in alcoholic beverages distributor PDA, the firm said. The value of the transaction was not revealed. "Takeover of a company whose 2014 turnover amounted to around PLN 268 mln will strengthen the group's position in the segment of wholesale distribution of alcohol . . .," a statement read. The final agreement is subject to regulatory approvals.