Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Zabka

Penta Acquires Koruna, Strengthens Zabka

Posted Wed, 03/03/2010 - 22:31

Penta Investments, the CE investment group based in Prague, has reached an agreement to acquire the PR Market chain in the Czech Republic. Penta will acquire 100% of PR Market, which operates under the Koruna brand name, with completion of the deal expected to come within the next two months. The acquisition is expected to help strengthen Zabka, the convenience store chain also owned by Penta. Neither party has commented on the value of the acquisition as they wait for regulatory approval from the Czech Antimonopoly Office.

Penta's Žabka Purchases Retail Operations of Palma-Tumys

Posted Thu, 20/08/2009 - 16:09

Polish convenience store giant Žabka has reached a deal to acquire the retail operations of Czech based Palma-Tumys from Slavia Capital. The purchase includes five stores selling food and mixed goods in Prague. Žabka intends to transform and re-brand the stores to match the rest of the company's outlets by the end of the year.