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CCC takes over franchisee

Aneta Cichla 09 May 2018

Aneta Cichla

Deputy editor in chief, journalist

+48 22 356 25 15
aneta.cichla@eurobuildcee.com

Aneta is passionate about the retail real estate market and everything associated with it. She has worked in the editorial department of ‘Eurobuild CEE’ for seven years. Prior to this she was employed as a journalist for the Retailnet.pl portal and for Shopping Center Poland magazine. In her free time she enjoys reading books, walking the dog and working out at the gym. She also loves watching martial arts fights.

ROMANIA/POLAND CCC has bought footwear retailer Shoe Express, which was previously responsible for operating CCC stores in Romania through a master franchise that it had purchased from the previous operator Peeraj Brands International.

The total value of CCC’s acquisition is EUR 33 mln while working capital settlements are to be made at a specified time after the completion of the transaction. The Romanian competition authority has not yet ruled on the deal. CCC has also recently announced the signing of an agreement to purchase Adler ZCP, which operates 41 CCC franchises, including four that have yet to be opened.


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