Invest in one of Russia’s leading DIY retailers to fund expansion in regional metropolitan areas.The Business
The Company is a leading Russian independent DIY retail chain. It was founded in 2006, with the mission to become the provider of choice for all of a consumer’s building and renovation needs. The Company currently operates a chain of 7 DIY hypermarkets that are located in central and northern Russia. With the two additional hypermarkets to be added this year, the Company will have total trading space of 47,000 square meters and will become one of the top 5 Russian DIY chains by trading area size.
The Company is planning to operate 32 stores in Russia by the end of 2015. The further roll out of the chain will continue in cities with population from 300 to 500 thousand people. The Company uses an attractive European (French) format for stores and operation (low cost discounter).
Market
With its abundance of natural resources, large trade surplus and strong domestic consumer base, Russia is expected to maintain its position as a one of the world’s ten largest economies over the next decade. The DIY industry is demonstrating faster recovery rates than other sectors of the economy based on an increase in spending power of the population as well as strong demand for DIY products.
The Company seeks investment capital of USD 15 million to fund further expansion of its hypermarket chain in regional centers with population from 300 to 500 thousand people through investment in the opening of new stores. The Company is seeking a financial or strategic investor that would add value to its investment through knowledge of the DIY industry and willingness to help to formulate the Company’s further financial and strategic goals. A leading Russian independent DIY retail chain could become a strong acquisition target for global DIY retail groups.
Sector: RetailSegment: DIYRegion: RussiaFinancing Size: $5m to $20mContact: Edward Kokorev
Company: Aurora FinanceTelephone: +7 985 410 2014Email: [email protected]