Caprabo joins AMS Marketing Service

According to an official release, the European buying and marketing alliance AMS has announced that Spanish retailer Caprabo is to become its 11th member in September 2002. Caprabo, based in the Catalonian city of Barcelona, has annualised sales of approximately Euro 1.6 billion. The company has nation-wide retail operations comprising 500 supermarkets. Caprabo was founded in 1959 and employs 12, 000 people. AMS, the second largest buying alliance of European food retailers, was established in 1988 with the purpose of realising benefits for its members, suppliers, and more than 100 million customers who shop the 22, 000 AMS member stores every week. The AMS retailers generate annualised sales of more than Euro 100 billion.