Lidl chain sale

The German owner of grocery store chain Lidl is seeking a buyer for its Polish stores in a transaction that could be worth some €250 (zł.853) million, according to Rzeczpospolita.

The most likely buyer of the chain is German Aldi, which has just opened its first stores in Poland, but other potential candidates include French Auchan. According to Rzeczpospolita calculations, Lidl had a turnover of zł.7,500 per sqm annually, while Alma, Delikatesy Centrum and E Leclerc recorded around zł.24,900.