The Saigon Union of Trading Co-operatives (Saigon Co.op) will take over 18 stores and entire e-commerce retail system of France’s Auchan Retail in Vietnam under a merger and acquisition deal reached between two sides on late June 27.
As for the three operating supermarkets, Saigon Co.op will maintain Auchan brand until February 2020, while the 15 supermarkets in Ho Chi Minh City, Hanoi and Tay Ninh, which were closed, will be renovated and put into operation under Saigon Co.op brands of Co.opmart, Co.opXtra and Finelife.

With many years experience of Saigon Coop, we can hope for a new development of this French Retailer in Vietnam market.

Sitek is honored to be the provider of Telecommunication solutions and equipment over 10 years for 100 supermarkets of Saigon Co.op and upcoming chains of 15 Auchan brand supermarkets.

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