Carphone Warehouse takes on Dixons

Professional Adviser
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Expansion in Western Europe, plus demand for pre-pay and replacement mobiles, has allowed retailer to double in size

6 June (Bloomberg) ' Dixons Group subsidiary Elkjop, the Nordic region's leading retailer of consumer electronics, has announced the acquisition of the Danish out-of-town superstore chain SuperRadio from Fredgaard Radio A/S. The acquisition creates a new market leader in out-of-town mixed electricals in Denmark. The new stores have an average selling area of 23,000 square feet and will combine with existing outlets to double the size of Elkjop's El-Giganten chain of superstores in Denmark. 'This acquisition continues our strategy of rolling out successful group brands into new ma...

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