Sunday, December 17, 2006

Metro and Keventer team up for West Bengal

Business Standard reports that Germany’s Metro Cash & Carry has teamed up with Keventer group, which has set up Keventer Fresh Ltd, to enter the state of West Bengal. The Keventer group is a major company in the eastern area in the food processing industry. MK Jalan, chairman of the Keventer group said that his company would provide back end support to Metro.

Metro Cash & Carry India managing director, Harsh Bahadur, conformed that the two companies had tied up, saying that Keventer “would run a platform for Metro in West Bengal”. At present, Metro has 2 cash and carry hubs in Bangalore and had short listed 6-7 cities such as Hyderabad, Delhi, Mumbai, Chennai, Pune, Ludhiana and Chandigarh for its first phase of expansion.

No comments: