Kolporter and Eurocash finalize investment deal

FMCG distributor Eurocash has finalized its agreement with press distributor Kolporter, the companies said in a press release on Tuesday. Kolporter has now become a minority shareholder in KDWT, a subsidiary of Eurocash. In exchange for 25 percent plus one share in KDWT, Kolporter transferred its tobacco and food products sale business to Eurocash. In September, the Office of Competition and Consumer Protection approved the takeover of the assets by Eurocash, under the condition that it withdraws from acquiring one of the Kolporter units, in Sosnowiec.