Latvia, Lithuania, Markets and Companies, Retail
International Internet Magazine. Baltic States news & analytics
Wednesday, 04.02.2026, 20:16
Iki purchases Nelda
Danuta Pavilenene, BC, Riga/Vilnius, 03.03.2009.
Print version
Print versionThis week, the company Palink operating retail trade chains Iki, Ikiukas and Cento in Lithuania completed the transaction of overtaking 17 stores of the Latvian retail trade chain Nelda. The company did not report the value of the transaction.
 |
|---|
According to Iki CEO Marceliso Harasztis, the distribution of Nelda stores was in line with the plans of Iki expansion and a similar format of these retail trade chains would only accelerate the merger, writes ELTA.
All stores of Nelda will be renamed to Iki and Cento from July 2009. The first renewed store will be opened at the beginning of April.
«The Baltic Course» Is Sold and Stays in Business!
