66 Alcosto stores will be integrated into Caprabo by beginning of 2004 (Caprabo absorbera la marca Alcosto a principios de 2004 y seguira su expansion nacional).

(From El Pais)

Xavier Argente, general manager of Spanish supermarket group Caprabo, says that the acquisition - finalised this week - of rival Alcosto will give the group national status. The integration process is due to be completed by the beginning of 2004, with the 66 new stores in Madrid and Castilla-La Mancha operating under the Caprabo name. Currently, Caprabo has a network of 503 supermarkets and 31 service stations, operating in 12 regions of the country. Caprabo paid 300m euros for 100 …