OREANDA-NEWS. On 04 April 2008 X5 Retail Group N.V., Russia's largest food retailer in terms of sales, announced that it had completed its acquisition of Kama-Retail company – a former Pyaterochka franchisee in the Perm region.

As it was announced on 25 March 2008, X5 Group acquired 28 soft discount stores in Perm and the Perm region with a net selling area of 9.3 thousand sq.m. for a total consideration of approximately USD 18 million, including debt. The total area of purchased stores is 19.9 thousand sq.m, out of which 1.9 thousand sq.m. are wholly owned.