Turkish investor bought Praktiker’s business in Romania

German do-it-yourself chain Praktiker recently sold its 27-store chain in Romania and its brand locally to Turkish investor Omer Susli. This comes soon after Praktiker sold its Ukraine business, and after it went insolvent in Germany.

This is the second deal on the Romanian do-it-yourself retail market in the last 12 months, after Kingfisher has bought 15 Bricostore stores in Romania from French group Bresson.

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