Stokrotka Explained

Stokrotka
Type:Limited liability company
Industry:Retail Store
Founded:1994
Hq Location City:Lublin
Hq Location Country:Poland
Key People:Dariusz Kalinowski
Revenue:€1.739 billion (2023)[1]
Parent:Maxima Group

Stokrotka (lit. Bellis) is a Lithuanian-owned Polish supermarket chain. It is a retail part of the Emperia Capital Group, coordinated by Emperia Holding SA with its registered office in Warsaw. It was listed since 2002 on the Warsaw Stock Exchange.[2] [3]

Operations

The company was founded in 1994 in Lublin. The first retail outlet of this network began its operation in 1996 in Łęczna near Lublin. In terms of the number of stores, Stokrotka is one of the largest retail chains in Poland. In 2014, Stokrotka Sp. z o.o. became the operator of over 410 Stokrotka supermarkets. The chain store has approximately 7,500 employees.

In 2013, Stokrotka launched its own logistics network, the purpose of which is to supply Stokrotka stores with goods. The logistics network consists of the central warehouse in Teresin near Warsaw, 9 regional warehouses and the vehicle fleet.

In November 2017, Maxima Group signed a $338 million investment agreement on the acquisition of Stokrotka.[4] [5]

The transaction was completed on April 18, with Maxima acquiring 93.66% of Emperia's capital share.[6] In July 2018, it was announced that Aldik stores belonging to Maxima Grupė will be added to the Stokrotka store network, and they will continue to operate under the Stokrotka brand.[7]

Notes and References

  1. Web site: 2023 Consolidated Annual Report . www.maximagrupe.eu.
  2. Web site: EurobuildCEE - Stokrotka to bloom in Kraków. o.o.. Eurobuild Sp. z. english.eurobuildcee.com. en. 2017-12-08.
  3. News: BRIEF-Emperia Holding: Stokrotka Nov. Prelim Revenue Up 10.6% YoY. Reuters. 2017-12-08.
  4. Web site: Baltic retailer Maxima signs deal to buy Poland's retail chain Stokrotka. baltictimes.com. en. 2017-12-08.
  5. News: Lithuania's Maxima plans to buy Poland's Emperia for around $338 milli. Reuters. 2017-12-08.
  6. Web site: "Maxima Grupė" įsigijo lenkų prekybos tinklą "Stokrotka" . 2023-01-13 . 15min.lt/verslas . lt.
  7. Web site: "Maxima Grupė" jungia savo prekybos tinklus Lenkijoje . 2023-01-13 . 15min.lt/verslas . lt.