AB Vasilopoulos has acquired the 'Agora Nataly' supermarkets in Thessaloniki, adding 12 stores to its franchise network as part of its ambitious growth strategy.
AB Vasilopoulos, a major grocery chain in Greece, has recently completed the acquisition of 'Agora Nataly' supermarkets located in Thessaloniki, a move that adds 12 new stores to its franchise network. This strategic acquisition was first reported by Naftemporiki, highlighting the chain's commitment to expanding its presence in the regional market.
The acquisition is part of AB Vasilopoulos' ongoing growth strategy, which aims to establish over 900 stores by 2028, primarily utilizing a franchising model to facilitate quicker geographic expansion and increased flexibility in cost management. The company emphasizes its dedication to sustainable investment in infrastructure, expertise, and partnerships, creating a robust business ecosystem that offers long-term growth potential for its partners.
Currently, AB Vasilopoulos operates over 400 franchise stores across Greece, collaborating with more than 250 entrepreneurs. The investment in 'Agora Nataly', which is expected to generate a revenue of 9 million euros in 2024, is aimed at reinforcing the supermarket chain's market position and accelerating its expansion plans throughout the region, contributing to a competitive grocery retail environment in Greece.
