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Sklavenitis Cyprus bought the Hypermarkets of Papantoniou

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Ο ΣκλαβενΙτησ Κ ποεγευεαορς απαντωνiου

SKLAVENITIS Cyprus has announced the integration of Papantoniou Supermarkets into its network.

Now, SKLAVENITIS Cyprus will reach 27 total stores.

As the company reports, all 769 jobs will be retained. The agreement is subject to the approval of the Competition Commission and is expected to be completed within next months.

For its part, the Papantoniou group of companies, states that “we believe that this collaboration will be the ideal continuation of our supermarkets. Our aim was to reach an agreement that satisfies both parties, and ensures a dynamic and successful future and continuity for the supermarkets, customers, partners and also our employees”.

Common goal of the collaboration, as he notes, the offer of high-quality products at the lowest market prices and the provision of an excellent consumer and human-centered experience remains.

The new era will benefit consumers, employees, as well as and the entire Cypriot market and economy, he adds.

Source: www.philenews.com

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