…The players that have expressed interest are Etruria Retail (on 13 January), Migross (26 January), Crai (20 January) and Vega (30 January). But the lack of binding proposals for the unions ‘is confirmation of a very critical situation’…
In the meantime, Realco has asked the signs concerned for a commercial credit line of up to EUR 7 million for the entire group, which would allow them to refurbish their stores. A virtual data room has been set up for the interested parties. The due diligence is expected to last until mid-March. Realco has 65 members and a sales network of 120 shops with 1,500 employees. The balance sheet 2024 shows revenues of EUR 316.4 million and a loss of EUR 15.7 million. Total debt is EUR 98 million.
