DIA sells Clarel perfume stores to Colombia's Grupo Trinity

Distribuidora Internacional de Alimentacion SA

05/12/2023 08:02

Dec 5 (Reuters) - Spanish retailer DIA  DIDA.MC  has
agreed to sell its perfume store chain Clarel to Colombian
investment company Grupo Trinity, it said on Tuesday, having
abandoned a sale of the business last August.
    The sale of Clarel, which comprises about 1,000 stores in
Spain and three distribution centres, will bring in 11.5 million
euros ($12.42 million) to DIA in 2024 and a further 15 million
euros in 2029, the company said.      
    However, the sale will have a 9.4 million euro negative
impact on its accounts in DIA's next reporting period, it said. 
    DIA had announced the planned sale of Clarel to investment
fund C2 Private Capital in December 2022, but the deal was
abandoned last August.
($1 = 0.9256 euros)

 (Reporting by Jakub Olesiuk
Editing by Inti Landauro and David Goodman)
 ((jakub.olesiuk@thomsonreuters.com; +48 58 769 66 00;))