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Real Retail Developments (Metro Group) - Acquisition by Auchan of 91 stores
In November 2012, it was confirmed that Auchan will take over 91 of the Real hypermarkets in Poland, Romania, Russia and Ukraine for 1.1 billion Euro.
SECO was asked by Auchan to carry out a technical due diligence on 23 Real Retail Developments in Poland.
Auchan selected SECO as SECO has been a partner for technical inspection and guidance on many of its projects in Eastern Europe:
- Auchan Bronowice – Krakow- Poland
- Auchan Pitesti - Romania
- Auchan Drumul Taberei – Bucarest - Romania
- Auchan Piaseczn - Poland
- Centrum Handlowym Auchan – Wroclaw - Poland
SECO’s assignment consisted in a technical due diligence and included the following:
- Visual inspection of closed main fabric and technical installation
- Documentation assessment
- Specific measurements and tests
- Capex budget