Sklavenitis

Sklavenitis, a major Greek supermarket chain, is to acquire 60% stake of Veropoulos, a national competitor which holds the Spar retail franchise for Greece, according to a report in Kathimerini. Sklavenitis is the third largest chain in Greece and has 110 stores mostly in the Athens area. Veropoulos operates 185 stores with an especially large presence outside the Greek capital. According to Kathimerini, the combined entitity will create a major …