Kvartal has been acquired by X5 Retail Group

Kvartal has been acquired by X5 Retail Group

The private shareholders and Management of Kvartal have sold the company to X5 Retail Group for an undisclosed consideration.

X5 Retail Group is a leading Russian food retailer operating over 5,400 stores.

Kvartal is a regional food retail chain that includes 11 discounter stores located in the Perm region in Russia.

Oaklins' team in Russia acted as advisor to the seller in this transaction.

Tombstone image for Kvartal has been acquired by X5 Retail Group

KEY DEAL CONTACTS

Alexey Bykov

Russia

Managing Partner

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