Coop: Transgourmet withdraws completely from Russia

Transgourmet ceases all its commercial activities in the Russian Federation. ‘The activities (of the subsidiaries) Selgros and Global Foods in the country are maintained within the framework of a management buyout’ in order to ‘give perspectives’ to the workforce concerned.

The transaction must still receive the approval of the Russian competition authorities, underlines the wholesaler belonging to the Coop group in its press release, indicating that “other information will follow”.

/ ATS

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