Capital Times Investment Company acted as a sole financial advisor in the acquisition of the largest retail chain in Belarus - NTS (retail chain operator Rodnaya Storona, Korzinka) by strategic investor.
Amount of transaction is not disclosed.
NTS is a holding company of the group which is engaged in import and distribution of the food goods, including alcoholic beverages. Starting as a bear wholesaler, the group is most active retailer in Republic of Belarus now. Turnover of commercial network is about USD 200m. Company occupies 1st place in terms of turnover among private retail operators of Belarus. The retail chain develops selectively: after sales of Korzhinka to Belvilleslend, two the most profitable supermarkets – Zaslavl and Grodno-Super have been bought. At the auction in Bobruisk the Company has outstripped the American DI and has bought over 30 supermarkets of OJSC "Agro industrial company Dednovo. NTS operates a retail chain which totals 80-100 shops in Minsk and regional centers.