Mercator aims to become leader in south-east Europe

Slovenian Mercator, which aims to become the No. 1 retailer in the southeast of Europe, is to acquire Drvopromet.

Mercator already has a 4.5% market share in Bosnia and the addition of 63 Drvopromet stores in Bosnia will reinforce its presence in the country.

The acquisition is part of Mercator’s growth strategy to strengthen its presence in all markets in the region (Slovenia, Bosnia, Croatia, Serbia, Montenegro, Bulgaria and Albania).

source : reuters