According to the same sources, the transaction could face difficulty. Obi and Baumax want to surrender all operations, while Leroy Merlin is interested in buying individuals stores.
“Leroy Merlin would be interested in two units in Sibiu, the Baumax store in Sun Plaza and Baumax Bacau”, the same sources specify.
Leroy Merlin will launch its first store in Oltenia in June in Craiova. It’s a 13,000 sqm unit which will employ 140 people and is worth EUR 13 million.
Also this month, work will begin on the Leroy Merlin unit in Bucharest, another EUR 13 million investment that will cover 17,000 sqm and employ 180 people.