Emperia Holding S.A. has been ranked seventh on the Top 50 ranking list of Polish retailing.
The list has been compiled by Detal Dzisiaj Network monthly. The good result of Emperia is the effect of the process of consolidation the company has been successfully pursuing for over a year.
The editors of Detal Dzisiaj Network stress that it were the domestic companies, including Emperia Holding, that did best in the market last year. The Emperia group dictated the consolidation pace of Polish retailing and successfully pursued its ambitious strategy, hence its high seventh place. However, the authors of the ranking list emphasise also that given the development plans of the Holding and the Strategic Cooperation Agreement concluded with Lewiatan Holding, Emperia’s standing in the Polish market is bound to improve further.
The Detal Dzisiaj compilation is yet another recent ranking list on which Emperia takes top positions. It has been placed among others on the list of the 100 most valuable Polish companies by Newsweek, ranked 37th on the Rzeczpospolita daily 500 List, and 30th among Polityka’s Five Hundred companies for 2007. Polityka has also placed Emperia eighth among the largest public companies. Gazeta Giełdy Parkiet stock exchange daily has named Emperia one of the three most valuable companies quoted on the Stock Exchange in Warsaw (Stock Exchange Pearls) and the leader of the Trade and Consumption sector.
Company Background Details:
Emperia Holding has been consistently pursuing the consolidation of the retail and wholesale FMCG market in Poland. Following the 2006 takeover of the BOS Group (56 branches and 81 outlets in Eastern and North-Western Poland), in July 2007 it incorporated Społem Tychy (36 retail outlets in the Śląskie Region), and in September the Centrum subsidiaries (13 retail outlets in the Warmińsko-Mazuskie Region of Poland) and Maro-Markety (18 retail outlets located in the Wielkopolskie and Opolskie Regions of Poland).
In June 2007, the decision was made to acquire 100 percent of the wholesale subsidiaries of Sydo in Wrocław and Alpaga Xema in Poznań. October saw the incorporation of Euro Sklep S.A. (265 retail franchises and proprietary outlets operating in the Śląskie, Opolskie, Dolnośląskie, and Małopolskie Regions of Poland), and in November Emperia Holding acquired Sklepy Polka (74 outlets in the Podlaskie and Świętokrzyskie Regions). In December, Retail Services Poland (27 retail franchises) was taken over.
The acquisitions continued in 2008. In February the Holding incorporated Lewiatan Dolny Śląsk and Lewiatan Zachód, and Lewiatan Orbita in April. Emperia also concluded the Strategic Cooperation Agreement with Lewiatan Holding, opening the door to a full equity integration with Lewiatan. The company has set its sights on further acquisitions, and talks are well under way with partners seeking to join Emperia Holding.
Emperia Holding S.A. has been in the Polish market for 18 years now. Its operations fall into two major business segments: retail (among others Stokrotka and Stokrotka Premium, Groszek, Milea, Lewiatan Podlasie, Zachód, Dolny Śląsk, and Orbita, Społem Tychy, Jaskółka, Centrum, Euro Sklepy) and wholesale (9 subsidiaries: Tradis, BOS, DLS, Sygel-Jool, DEF, Express Podlaski, Sydo, Alpaga-Xema, and an importing and exporting arm, Arsenal). In April, the process of integrating selected wholesale companies into a single business under the business name of Tradis kicked off. Both business segments of Emperia boast a workforce of close to 11,000.