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In 2007, the Mulliez Group changed its name from Leroy Merlin to Adeo to avoid confusion with one of its brands, Leroy Merlin. [11] In 2008, Leroy Merlin acquired William Obrist in Poland for €45 million. The company grew from 3 to 24 stores. [12] In October 2014, the Adeo Group bought Quotatis. [13] In March 2023, Adeo announced its plan to ...
Leroy Merlin in Kalisz, Poland Leroy Merlin around the world. In 1923, Adolphe Leroy and Rose Merlin, associates in private and business life, [clarification needed] opened a business of American surplus. Strengthened by this first success, they decided to sell DIY products and supplies at moderate prices. In 1960, the firm was named Leroy Merlin.
In February 2009, Kingfisher sold 31 stores of Castorama in Italy to French retailer Leroy Merlin. In 1969, Christian Dubois founded in Englos, near Lille, France's first large-scale (5000 m 2) DIY store. The rapid expansion of the chain meant that 20 years later Castorama had 80 stores in France. [3]
[citation needed] The network was rebranded in 2017 as Leroy Merlin. [14] Praktiker Romania S.R.L. which operated 27 stores in Romania, was sold to Search Chemicals in February 2014,. [15] In 2017, 20 stores were bought by Kingfisher plc, and rebranded as Brico Dépôt. [16] The 24 Praktiker stores in Poland were sold to Papag AG in March 2014.
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The company 3SI had belonged 50% to the French group Mulliez - owners of Auchan, Decathlon, Leroy Merlin, Kiabi - and in another 50% to the German Otto, which had later taken over the entire capital. In early 2017, some of Venca's management team, acquired the entire capital of the company until then owned by the French group 3SI.
Westfield Arkadia in Warsaw, Poland is the largest shopping complex in Central Europe (as of 2007). [1] In total it has 287,000 square metres (3,100,000 sq ft) of space, 230 shops, 25 restaurants, and a movie theater. [2]
The economy enters 2025 in reasonably good shape, with a low unemployment rate, modest inflation, a trend toward declining interest rates and strong corporate profit growth that has been giving ...