Spar teams up with country’s leading FMCG company, Azzopardi Group
SPAR International has stepped into the Maltese retail market. SPAR Malta, part of SPAR International, has decided to partner with Malta’s leading FMCG company, the Azzopardi Group. With over 12,777 stores in 48 countries, SPAR International is the world’s largest food retail chain having overall sales of up to €34.5 billion.
The first store in Malta, a SPAR Supermarket was freshly renovated and is now a 340 m² store presenting customers with the new SPAR Bakery Concept, a large range of fresh produce, a coffee offering, freshly packed fish and meats, as well as a large selection of SPAR Own Brand products.
Tigne, the second SPAR Malta store is set to open at the end of June in the town of Sliema. before the end of 2018, Plans are in place to open three subsequent stores, with the intent to open a total of 23 stores by 2025, comprising two INTERSPAR Hypermarkets, four large-format SPAR Supermarkets, and 17 SPAR neighbourhood stores. Malta is home to a well-established international resident population, beyond the consistent tourist population. The diverse needs of both the resident and tourist populations throughout the country is anticipated to be catered to by the different SPAR Malta store formats.
The Azzopardi Group will be supported by SPAR International with store design and layout plans, employee training and development, and the sourcing of own brand products from international and regional partners.
SPAR’s ongoing expansion in the Southern European region is demonstrated by the entry into Malta. SPAR Malta will consistently deliver high-quality SPAR Own Brand products along with fresh local produce to the new Maltese retail market, neighbouring the strong SPAR presence in Italy, with over 1,210 stores, and the burgeoning markets of Greece and Cyprus
Tobias Wasmuht, Managing Director of SPAR International said: “I am delighted SPAR is partnering with the Azzopardi Group in Malta. In addition to having strong retail and distribution expertise and deep knowledge of the market, the Azzopardi Group also shares our SPAR values with a dedication to fresh produce, value and excellent customer service.”
Wasmuht added that with a significant international and tourist population which is already familiar with SPAR, Malta is a great market for SPAR to develop. The launch marks another significant milestone for SPAR strengthening our operations in Southern Europe and in the Eurozone aligned with our expansion strategy.
Joseph Azzopardi, Managing Director of the Azzopardi Group said, “We are proud and excited to be partnering with such a well-known and respected organization as SPAR International. SPAR’s global presence and high standards in retail best practice will complement the Azzopardi Group’s local expertise in the Maltese retail market. Together we will offer customers high-quality produce and a superior retail experience, as well as job opportunities and growth of the local retail market.” PWKD15052018
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