Supermarket chain Condis acquires stake in Roges Supermercats

2024-07-30T10:42:00
Spain

Cuatrecasas advises Condis on acquiring stake in Roges Supermercats, a chain with 24 establishments in central Catalonia

Supermarket chain Condis acquires stake in Roges Supermercats
July 30, 2024
Cuatrecasas has advised supermarket chain Condis on acquiring a stake in Roges Supermercats, a chain of 24 establishments in central Catalonia with a turnover of over €30 million and over 200 employees.

Both supermarket chains have a similar establishment format, share the same values of location and product proximity, and are benchmarks for fresh, quality and seasonal produce.

With this transaction, Condis increases its presence in central Catalonia, consolidating its market share in the region and becoming a reference in proximity supermarkets.

The Cuatrecasas team that accompanied Condis in the purchase process was led by Corporate and M&A lawyers Raimundo Segura and Xavier Morera, assisted by lawyer María Colom, and a tax team led by Álvaro Escuder.

July 30, 2024