Sklavenitis Cyprus Acquires Papantoniou Supermarkets
Expansion Brings Network to 27 Stores, Enhancing Retail Growth in Cyprus
Sklavenitis Cyprus announced the signing of an agreement with the Papantoniou family to integrate Papantoniou Supermarkets into its network.
With the addition of these new stores, Sklavenitis Cyprus strengthens its network to a total of 27 stores, reaffirming its commitment to contributing to the growth of the retail sector and demonstrating confidence in the prospects of the Cypriot economy.
As a result, even more consumers will have access to a wide variety of high-quality products at the lowest market prices and will enjoy top-notch service. It is noted that all 769 jobs will be retained.
The agreement is subject to the approval of the Competition Commission and is expected to be completed within the coming months.