The X5 Retail Group, the largest retail company in Russia, has acquired the regional food retail chain Narodny for US$16 million.
Narodny is a Russian food retail chain, which operates 24 food supermarkets in Tatarstan.
X5 Retail Group is the largest retail company in Russia in terms of sales, with more than 2,500 shops.
Oaklins' team in Russia acted as advisor to the seller in this transaction.
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