Delhaize Group-owned supermarket chain Alfa-Beta Vassilopoulos has agreed to acquire Greek grocer Koryfi for €7m (£7m) and the assumption of €1.8m (£1.5m) debt.
The Delhaize Group said the acquisition will add 11 stores and enhance its position in Thrace, northeast Greece, where its presence is limited at present.
The deal, subject to customary conditions and clearance by the Greek antitrust authorities, is expected to close by the end of the year.
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