Related Keywords: acquires stake of Maximark, acquisition includes nine outlets, boost presence in retail sector, OceanMart chain, own retail brand VinMart, Vinatex, Vincom Retail chain, Vingroup
Vingroup, which has its own retail brand VinMart, has acquired a 100 percent stake to become the new owner of Maximark, the Hanoi-based firm. The acquisition includes nine Maximark outlets and other properties which previously belonged to Ho Chi Minh City-based An Phong Investment JSC.
All of these nine outlets will become members of either the VinMart or Vincom Retail chains operated by Vingroup after the acquisition is completed.
