date:Nov 19, 2013
Albert stores in the Czech Republic, with 2012 net sales of 1.76 billion.
Condorum already operates more than 90 retail stores in Slovakia under the brand names Terno and Moja Samoska, with net sales of 127 million in 2012.
Financial details of the transaction have not been disclosed. The transaction is expected to close in the first half 2014, and is subject to customary conditions.