Russian real-estate company Becar Realty Group has acquired a majority stake in US food warehouse and distribution Phoenix Industries for an undisclosed sum, SKRIN News reports on Wednesday (22 April 2009).
Phoenix Industries services buildings and facilities of German retailer and wholesaler Metro AG (FRA:MEO).
Sector: Retail/Wholesale/Storage
Type: Majority stake acquisition
Target: Phoenix Industries LLP
Buyer: Becar Realty Group
