Kambourov & Partners Advises Maxima on Acquisition of Supermarkets

Kambourov & Partners provided full legal assistance to Maxima Bulgaria (operator of T-Market supermarket chain) with regard to all aspects of the acquisition of 12 supermarkets of REWE Group’s Penny chain (terminated its activity in Bulgaria).
After receiving green light from the Bulgarian competition regulator, Maxima Bulgaria, part of Lithuanian discount retailer Maxima Grupe, successfuly acquired the 12 supermarkets from REWE and will continue to expand its T-Market network across the country.
According to media sources, the deal will make Maxima Bulgaria the 3rd-largest retail chain in Bulgaria by number of stores