Mainly big chains involved in M&A deals on Russian grocery market in 2017

Anna Sidorowicz-Pokrywka, Retail Analyst, PMR
2017 was another busy year in terms of M&A activity on the grocery retail market in Russia. The difference was that whereas in several preceding years it was principally smaller players who merged with each other, the deals announced in 2017 mostly involved the largest grocers. One of the most notable events was the final exit from the market of Sedmoy Kontinent, which before the last economic crisis ranked among Russia’s top grocery chains by sales, according to PMR estimates. Its remaining properties were snapped up by several prominent grocers, led the current market leader X5 Retail Group, which…

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