Mergers & Acquisitions: Disposal of Delta Maxi’s retail business to Delhaize Group

Delchev & Partners acted for the seller Delta Maxi and its group advisor Clifford Chance (London) in relation to Delta Maxi’s disposal of its food retail business to Delhaize Group.

The transaction commenced in May 2010 and was ultimately completed in July 2011 following the approval of the concentration by the merger control authorities.

Delta Maxi is the leading Serbian food retail company operating more than 450 stores in five Southeastern European countries (Serbia, Bulgaria, Bosnia and Herzegovina, Montenegro and Albania). In Bulgaria, Delta Maxi owned the prestigious food retailer operating under the brand name “Piccadilly”.

Delhaize Group acquired 100% of the retail company Delta Maxi Group.