The Calleja Group has said it will invest $60 million in new supermarkets branches and a meat processing plant.
The company expects to grow by 5% in 2014, and to achieve this, it plans to invest $30 million this year and another $30 million in 2015 in the opening of eight new stores and an industrial meat processing plant.
The Salvadoran Superintendence of Competition has received a request by Calleja SA, owner of Súper Selectos, to buy Almacenes Europa.
The request, which will be reviewed by the Board of the Superintendency of Competition (SC), was presented on January 2nd and is for the purchase of the five of sales outlets belonging to Europa SA, owner of Almacenes Europa and Hiper Europa.
The supermarket chain plans to open five new branches in different parts of the country this year.
Carlos Calleja, vice president of the supermarket chain, informed Elsalvador.com: “We are hoping to open five new stores with a multimillion dollar investment this year, developing more jobs for the country and trying to get closer to all the niches and towns.”
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