Castorama is a French retailer of DIY and home improvement tools and supplies. See also: DIY Network, a cable TV network. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...
The company merged with British DIY retailer B&Q in 1998, making it a fellow retail brand of Kingfisher PLC. Some outlets have been converted into 'Brico Depot' branded formats. Poland and Italy also have Castorama outlets. B&Q is a British retailer of DIY and home improvement tools and supplies. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ...
Its 1998Castorama deal only gave Kingfisher a 50 percent voting right, which meant it could not push through its strategic vision.
Castorama's stock rose 4.3 percent to 67.25 euros in mid-morning Paris trading.
The company said it plans to "re-invigorating and modernising" Castorama to bring it into line with B&Q. The acquisition is expected to modestly improve earnings per share after the transaction is completed, MacKay said.
Feeds |
Contact