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Kingfisher Completes Acquisition in Romania

1st Dec 2017 10:00

RNS Number : 1252Y
Kingfisher PLC
01 December 2017
 

Kingfisher Completes Acquisition in Romania

Kingfisher plc ("Kingfisher") today announces that it has completed the acquisition of Praktiker Romania S.A. ("Praktiker Romania"), following receipt of competition approval. Kingfisher entered into a binding acquisition agreement in August 2017 to strengthen our position in the country.

Kingfisher operates 15 stores under the Brico Depot brand in Romania and has acquired 26 Praktiker Romania stores.

 

Contacts

 

Investor Relations

Tel:

+44 (0) 20 7644 1082

Email:

[email protected]

Media Relations

+44 (0) 20 7644 1030

[email protected]

Teneo Blue Rubicon

+44 (0) 20 7260 2700

[email protected]

 

 

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