IFC Metropol acts as the sellers’ financial consultant for the sale of Narodniy chain to X5 Retail Group
Investment and Financial Company METROPOL acted as the sellers’
financial consultant for a deal on the sale of 100% of Narodniy
retail chain (Tatarstan) to X5 Retail Group closed on 30 June
2011.
This deal is IFC METROPOL’s first retail project. “Involvement
in a deal between X5 Retail Group and Narodniy chain fully accords
to the company’s strategy of active presence in the economy’s
consumer sector”, underlines Alexander Zhizhin, managing director
of the Corporate Finance Department of Investment and Financial
Company METROPOL.
The Corporate Finance Department of Investment and Financial
Company METROPOL is now actively expanding its presence in the
M&A market by participating in projects of food producers,
retail companies and manufacturers of materials and industrial
equipment.
The Group includes six battery plants and business units developing and introducing new technologies, and distributing products.
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year