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Colruyt Group

European retailers buy majority share in Lithunian supermarket

A majority interest in Lithunia’s second largest supermarket chain, IKI, has been bought by a group of West European retailing companies for an undisclosed amount.The alliance, Coopernic, includes Germany’s Rewe, Belgium’s Colruyt, Italy’s Conad, Switzerland’s Coop and France’s E.Leclerc,...
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over...
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