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Merlin.pl in Czerwona Torebka strip malls.
2013-02-15
Due to the dynamic expansion of the Czerwona Torebka Group, the Company has signed a letter of intent regarding the takeover of Merlin.pl S.A.
The transaction will provide the Group with an entity characterized by a great expansion potential in the retail segment. Merlin.pl S.A. as the leader in e-commerce will realize a chain of self collection points in Czerwona Torebka strip malls.
This transaction means that Czerwona Torebka Group acquires an attractive tenant, thus the Group will be able to limit the costs connected with the commercialization process. Each strip mall will be enriched by an attractive tenant, which for several years has been a leader in realizing the highest volume of mail order transactions.
Merlin.pl S.A. thanks to the Czerwona Torebka platform will be able to rapidly expand the chain of self collection points. Thanks to that, the company will avoid high costs of acquiring new attractive premises.
This cooperation model will contribute towards a significant growth of profitability and thus a dynamic increase of the Group’s value.
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