Unilever and EVGA announced last week that they have signed an agreement under which Unilever will acquire EVGA’s ice cream brands (amongst others, Scandal, Variete and Karabola) and distribution network, for an undisclosed amount.EVGA will retain its existing production and warehousing facilities and will manufacture both the current EVGA and some of Unilever ice cream branded products for the Greek market and for export. This deal will enrich Unilever’s Greek ice cream portfolio and... ...Read more »

Belgium-based retailer Delhaize refused to be drawn on whether it would bid for parts of Aldi’s estate in Greece, which the German discount giant is looking to offload.Delhaize, which owns the Alfa-Beta supermarket chain in Greece, has been linked to Aldi’s business in the country, which comprises 38 stores. Aldi said on Friday that it wanted to quit the market and was in talks to sell its outlets. However, a Delhaize spokesman declined to comment directly on whether the retailer would... ...Read more »

Discount grocery retailer Aldi is withdrawing from Greece, it was confirmed on Firday (16 July). The German retailer plans to dispose of 38 outlets in Greece and is currently in talks to sell the stores. The market exit is the first in the company’s history. Planet Retail analyst Milos Ryba said: “Aldi has had problems from the beginning. It could not find reasonably priced plots. It was opening stores close to Schwarz Group’s Lidl but was not able to compete on price.” Ryba... ...Read more »

Coca-Cola Hellenic Bottling Company SA (CHB) has announced its intention to seek its removal from the Australian Stock Exchange (ASX) and suspension in trading of its CHESS Depository Interests (CDIs) on the ASX effective from the close of the market on 26 August 2009. The Greece-based bottling company, one of the world’s largest bottlers of products of The Coca-Cola Company with sales of more than 2 billion unit cases, and with operations in 28 countries, currently trades on the ASX by way... ...Read more »