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    • Gama
    • Our Network
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  • CATEGORIES
    • Food
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Tuodi

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1 MIN READ

Italy: Aldi shows interest in acquiring Tuodi

March 27, 2017
-
Europe, Mergers & Acquisitions, Retail

German retailer Aldi Sud has shown an interest in acquiring Italian discounter Tuodi, which has reportedly been suffering financial problems since 2013 and is now up for sale, according to a report in Milano Finanza. Tuodi is said to have announced itsdecision to sell the business after failing to recover from losses of €33.7 million ($36.4 million) in 2013 and €47.8 million ($51.6 million) in 2014. Aldi is said to be …

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