Three major Russian food and drink retailers merge

RUSSIA / FSU POLITICS - In Brief 23 Jan 2019 by Alex Teddy

Krasnoye i Beloye, Dixy and Bristol are merging. Dixy is a food retailer owned by Igor Kesaev. Krasnoye i Beloye is a chain of liquor stores. Bristol is also a chain of liquor stores and is owned by Sergey Katsiyev. Dixy and Bristol will own 51% of the new company. Krasnoye i Beloye will own 49%. The proprietor of Krasnoye I Beloye is Sergey Studennikov.

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