Currys launches strategic review of Greek business

Currys employee loading product into car boot for customer

Electricals retailer Currys has begun a strategic review of its Greek division, Kotsovolos, which could lead to a sale.

Currys said that Kotsovolos, which also operates in Cyprus, is a “strong-performing and profitable business, with high brand awareness, a unified ecommerce platform and a diverse mix of products and services”.

The potential disposal followed what Currys described as a regular review of group structure “through the lens of driving shareholder value”.

 

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