Auchan Retail Ukraine sells 20 percent of shares in Furshet retail chain

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Auchan Retail Ukraine, part of France’s Auchan Group managing the Auchan hypermarket chain in Ukraine, has sold a 20 percent stake in the Furshet supermarket chain in Ukraine to VI2-Partners Investment Company.

“The decision is in line with the global strategy of Auchan Retail Ukraine envisaging the development of the multi-formats under the unified brand. The recent purchase of Karavan stores that would gradually switch to the Auchan brand, is direct proof to this,” the press service of Auchan Retail Ukraine said on Oct. 12.

The sum of the deal is not disclosed.

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