Type
Merger/Acquisition
Country
Italy
Region
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

435 jobs
Number of planned job creations
Job creation
Announcement Date
11 December 2012
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2013

Description

Supermercati uniti nazionali (Sun), an Italian company operating in the retail sector, is to create 435 jobs in 2013. The job creation is due to the merger with CE.DI.GROS., a consortium of retailers. The acquisition is aimed at integrating commercial and logistic support on the Tyrrhenian coast. Sun employs around 7,550 people in Italy.


Sources

Citation

Eurofound (2012), Sun, Merger/Acquisition in Italy, factsheet number 74715, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74715.