In an announcement, Praktiker Hellas said the acquisition by Fairfax would safeguard the continuation of operation of its 14 stores and around 1,100 job positions in Greece. Fairfax will maintain all existing stores and workers along with the Praktiker brand name.
Fairfax Financial Holdings buys Praktiker Hellas
Fairfax Financial Holdings buys Praktiker Hellas
Praktiker Hellas on Wednesday announced it was acquired by Fairfax Financial Holdings Limited for an undisclosed sum. Praktiker Hellas, with an annual turnover of 195 million euros, is the largest company of Praktiker Group abroad.
09.04.2014
Praktiker Hellas announced it was acquired by Fairfax Financial Holdings Limited for an undisclosed sum.
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