A subsidiary of Alf Mizzi & Sons, Western Logistics SRL, has bought the Pic Hypermarket in Oradea, Romania.

Quoting liquidators PricewaterhouseCoopers, Romania-Insider.com said the market will be transformed into a logistics centre.

Although the value of the deal was not revealed, the liquidators said it was a good outcome for an asset worth several million euros in a difficult market.

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