DEH Group acquires Flanco Romania for €270M, expanding electronics retail footprint

DEH Group, parent of Greek retailer Kotzovolos, is acquiring Romanian electronics chain Flanco for €270 million, adding 150 stores. This marks DEH's re-entry into Romania after Kotzovolos' earlier attempt in 1999, and intensifies competition with Altex and eMAG. The deal tests Flanco's profitability amid a challenging retail environment.

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