The shareholders of the regional food retail chain Yarmarka, have sold the company to the largest Russian retail chain X5 Retail Group. Financial terms of this transaction have not been disclosed.
X5 Retail Group is the largest retail company in Russia in terms of sales with more than 2,500 stores.
Yarmarka operates 25 food supermarkets in the Perm region.
Oaklins' team in Russia acted as advisor to the seller in this transaction.
© Oaklins, all rights reserved. Oaklins refers to Oaklins International Inc. and/or one of its member firms, each of which is a separate legal entity. Please see www.oaklins.com/legal for further details.