Sklavenitis Cyprus has finalised its acquisition of Papantoniou Supermarkets, following approval from the Commission for the Protection of Competition.
The deal solidifies Sklavenitis’ position as a major supermarket chain on the island, marking a new chapter for both companies.
With the integration complete, Sklavenitis Cyprus will now operate a network of 27 stores, employing 2,350 people.
Moreover, this expansion will maintain all 769 positions at Papantoniou Supermarkets.