LAURUS PURCHASES SPANISH FOOD RETAILER

LONDON -- Laurus N.V., the food retailer and wholesaler based in Amersfoort, The Netherlands, has acquired the Spanish food retailer Almacenes Mar y Mar for an undisclosed amount.The acquisition was carried out by Laurus' Spanish subsidiary Grupo Unigro S.A.Mar y Mar operates about 60 supermarkets and 10 cash-and-carry outlets serving the catering trade in southwest Spain. It is the market leader

LONDON -- Laurus N.V., the food retailer and wholesaler based in Amersfoort, The Netherlands, has acquired the Spanish food retailer Almacenes Mar y Mar for an undisclosed amount.

The acquisition was carried out by Laurus' Spanish subsidiary Grupo Unigro S.A.

Mar y Mar operates about 60 supermarkets and 10 cash-and-carry outlets serving the catering trade in southwest Spain. It is the market leader in its region with sales of more than $116.8 million (220 million Dutch guild

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