Russian Apple Retailer Re:Store Buys Operator of Samsung Stores

Re:Store Retail Group, Russia’s largest operator of monobrand stores that sell products from Apple Inc. (AAPL), agreed to buy ZAO Nosimo, which operates 43 Samsung stores in the country.

Re:Store is Europe’s largest Apple premium reseller with 69 stores in Russia and 26 in Germany, Norway and Denmark, it said in an e-mailed statement today. The retailer also operates stores of Lego A/S, Sony Corp. and Nike Inc. (NKE) in Russia.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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