Mega Image has taken over 20 Angst stores which were peviously Carrefour franchisees. The move is in line with Mega Image strategy of further expanding into inner city urban locations.
• The stores feature selling areas between 90 and 750 square meters (sq.m) and generate annual revenues of EUR 21 Million.
• The takeover is pending the Romanian Competition Authority.
Mega Image currently operates 326 stores in Romania, 173 under “Mega Image” supermarket banner, 151 under “Shop&Go” convenience banner and one location under “AB Cool Food” frozen food banner.