Local investor takes over French supermarket chain in Romania

Food

Romanian businessman Sorin Bonciu, active in the real estate and renewable energy sectors, has bought the French supermarket chain Interex, owned by Groupement des Mousquetaires, in Romania, via two companies, local business site reported. “Bomax Group took over, with the transaction value confidential, the supermarket chain Interex, owned by the French retailer with a turnover of €40 million. The intention is to rent or sell them to a food or a Do-It-Yourself retailer,” said Laura Hantari, Bomax Group representative, quoted by local newspaper Ziarul Financiar. With a turnover of just under €40 million on the local market in 2011, the French supermarket chain Interex has decided to close down its 10 stores in Romania and exit the local market last year, it said.

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