A deal is in the works in the retail market: Fozzy Group wants to acquire Eurotek’s assets

14 May 13:11

Silpo-Food LLC, which operates the Silpo chain and is part of the Fozzy Group, intends to acquire a number of real estate and equipment assets owned by the Eurotek Group, which recently announced the closure of its supermarket chains, according to "Komersant Ukrainian", citing Interfax-Ukraine.

The Antimonopoly Committee of Ukraine will consider Silpo-Food’s relevant applications regarding the acquisition of control over these assets at a meeting on Thursday, May 14, according to the agency’s agenda.

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It should be noted that the Eurotek group of companies, which operates the Fresh, Arsen, Soyuz, and Kvartal grocery chains in Ukraine, is closing its supermarket chains in Lviv and Chernihiv. The group later confirmed the chains’ exit from the market.

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According to information on the “Eurotek” website, the group of companies also includes a development company that manages real estate and “Alliance Market,” which operates supermarket chains.

According to information from the YouControl analytical system, the owner of Alliance Market LLC is Mykhailo Veselskyi (100%).

Based on 2025 results, Alliance Market LLC increased its net loss by 27.5% compared to the previous year, to 72.9 million UAH. Net revenue grew by 21.2%, to 3 billion UAH.

Silpo-Food LLC, which operates the Silpo chain, was established in early August 2016. According to information on the website, the chain operates 310 supermarkets in 60 cities across Ukraine and four Le Silpo gourmet markets: in Kyiv, Dnipro, Kharkiv, and Odesa.

According to YouControl, the LLC’s founder is PJSC “Retail Capital” (100%, Kyiv), a closed-end, non-diversified venture corporate investment fund. The ultimate beneficiary is Volodymyr Kostelman.

Silpo-Food’s revenue for 2025 increased by 13.9% compared to 2024—to UAH 106 billion, with net profit amounting to UAH 1.1 billion versus UAH 154 million the previous year.

The company is part of the Fozzy Group, a retail and industrial group with more than 825 retail outlets across the country. The company operates retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discounters, Bila Romashka pharmacy supermarkets, and E-ZOO pet stores.

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