Żabka monitors expansion opportunities in Romania but declines to comment on potential Carrefour store acquisition

The Polish retailer aims for both organic and acquisition-driven growth

Żabka Group, the Polish retailer that owns the convenience store chain Froo, is exploring growth opportunities in Romania, both organically and through potential acquisitions of smaller local networks. Asked whether it intends to buy Carrefour’s convenience stores if the French group sells them separately, Żabka said it is monitoring the market, but will not comment on project details or valuation.

“We have ambitious growth plans for the Romanian market, both organic and through acquisitions of small retail chains. Individual stores are already joining the Froo brand, and we are conducting in-depth analyses of potential acquisition targets. We monitor market opportunities, including recent developments, but we do not comment on project details or M&A values,” the Żabka Polska press office told Economedia.

Read full article here: turnovernews.com

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Photo: Żabka