Dairy Farm acquires Macau-based supermarket operator
Dairy Farm International's subsidiary Dairy Farm Company has acquired San Miu, a Macau supermarket operator.
DFI Retail Group Holdings Limited (Sing.Reg)
$4.37
17:30 11/04/24
0.00%
$0.00
The company said in a statement that the purchase " reinforces Dairy Farm's retail presence in Macau, and complements its well-established convenience store and health and beauty businesses in the territory".
Dairy Farm operates over 6,1000 outlets and had total sales in 2014 of $13bn.
Shares in Dairy Farm were down 0.11% to 9.2p on Wednesday.