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Continente sells Simago store - Brief Article

Eurofood, July 29, 1999

Continente, the Spanish supermarket group owned by Promodes of France, has sold a 4 500[m.sup.2] store in the city of Murcia for Pta1.4bn (??8.4m). The store, which operates under the Simago fascia, was sold to a group of local investors as it proved impractical to convert it to Continente's Champion format along with all the other Simago stores acquired in 1997.

COPYRIGHT 1999 Agra Europe Ltd.
COPYRIGHT 2000 Gale Group
 

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