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Acquisition of San Miu Supermarket Limited

25th Mar 2015 09:14

RNS Number : 4131I
Dairy Farm International Hldgs Ltd
25 March 2015
 



To: Business Editor For immediate release

 

ACQUISITION OF SAN MIU SUPERMARKET LIMITED

 

25th March 2015 - Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, had acquired the Macau-based supermarket operator, San Miu Supermarket Limited.

 

San Miu operates 15 mass-market supermarkets with an average gross store size of approximately 9,500 sq. ft. The acquisition of San Miu reinforces Dairy Farm's retail presence in Macau, and complements its well-established convenience store and health and beauty businesses in the territory.

 

Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operates over 6,100 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 100,000 people, and had total annual sales in 2014 exceeding US$13 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.

 

- end -

 

For further information, please contact:

 

Dairy Farm Management Services Limited

Lancy Ng (852) 2299 3011

 

Brunswick Group Limited

Siobhan Xiaohui Zheng (852) 3512 5044

 

This and other Group announcements can be accessed through the Internet at 'www.dairyfarmgroup.com'.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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