Vita Mārkets has acquired 15 Elvi retail stores in Latvia from Linde Pārtika. Financial details have not been disclosed.
Vita Mārkets is a franchise partner for 18 Elvi convenience stores in Latvia.
Elvi is the largest convenience grocery store chain in Latvia with 168 outlets operating under the brand.
Oaklins' team in Latvia advised the buyer in this transaction.
© 2018 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.