ACE Israel to launch DIY chain in Turkey
Posted on March 28, 2007 • By Miriam Schwab
Category: Business Leave a Comment
Sources inform ”Globes” that DIY retailer ACE Marketing Chains Consumer Products Ltd. has obtained permission from ACE Ltd. (NYSE: ACE) to operate in Turkey. The company will launch a chain of ACE and Auto Depot stores in the country.
ACE Israel is currently negotiating with three leading Turkish companies on opening stores in partnership with one of them. ACE Israel hopes to sign an agreement soon and open the first store this year.
Ilanit Hayut, “ACE Israel to launch DIY chain in Turkey,”Globes, March 27, 2007.
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