Maxidom bought Castorama's franchise

“Maksidu” on September 30 completed a deal to buy the Russian Castorama network segment. This was reported to the "paper" in the press service of the company.

According to the company’s press service, in the near future it is not planned to close or rebranding any network stores, until Maksidu will study business processes inside the acquired network and analyze the weaknesses and strengths of each of the outlets.

The company redeemed the entire Russian segment of the Castorama network, which includes 18 hypermarkets in 13 regions of Russia. Kastorama LLC until September 30 belonged to the British Corporation Kingfisher. Negotiations on buying a network have lasted since 2019.

In 2019, both companies were included in the top 10 rating of Diy Retail Russia Top. “Maksidu” at the 7th place with a revenue of 23.1 billion rubles, and Castorama on the 5th-their revenue amounted to 25.5 billion rubles. According to the Maksidoma press service, after the transaction closes, the total revenue of companies will allow them to enter the TOP-3 on the Russian market.

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