«M.Video» & «Eldorado» post-merge enterprise could occupied one-third of the Russian electronics trading industry
According to forecasts, sales revenues of the both companies will reach approximately 450 bln RUR by the 2022.
Biggest Russian electronics and household appliances retailer «M.Video» is acquiring the electronics retail chain «Eldorado» for 45.5 bln RUR. Companies are going to finalize reorganization process and establishing the new enterprise by 1st quarter of 2019. Post-merge company can pretend to get 25.9% of Russian electronics market, and by 2020 gain the market share up to 30%.
Full text on the web-site:
http://tass.ru/ekonomika/5057443
Biggest Russian electronics and household appliances retailer «M.Video» is acquiring the electronics retail chain «Eldorado» for 45.5 bln RUR. Companies are going to finalize reorganization process and establishing the new enterprise by 1st quarter of 2019. Post-merge company can pretend to get 25.9% of Russian electronics market, and by 2020 gain the market share up to 30%.
Full text on the web-site:
http://tass.ru/ekonomika/5057443