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Varus acquires Kolo for strategic growth

PRIVATEJul 18, 2026

Acquiring Company

Varus

Acquired Company

Kolo

UkraineUkraineFood and BeverageGroceryRetailE CommerceGroceryRetailDelivery

Description

Varus has announced its acquisition of Kolo, a convenience store chain, as part of a strategic move to strengthen its position in Ukraine's retail market. This deal, unveiled on July 16, is one of the largest retail transactions in Ukraine for 2026. The acquisition will enhance Varus' expansion in Kyiv and the surrounding areas, where Kolo has a significant presence.

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Company Information

Company

Varus

Location

Ukraine

About

Varus is a supermarket chain operating across Ukraine. It focuses on providing a wide range of grocery products. The company is experiencing significant growth and is expanding its presence in the convenience retail segment. Varus currently operates approximately 20 stores in Kyiv.

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Frequently asked

Who acquired Kolo?

Kolo was acquired by Varus, based in Ukraine. The deal was reported on July 18, 2026. Varus is a supermarket chain operating across Ukraine. It focuses on providing a wide range of grocery products. Varus is privately held and operates in Food and Beverage.

When did Varus acquire Kolo?

Varus's acquisition of Kolo was reported on July 18, 2026. Varus has announced its acquisition of Kolo, a convenience store chain, as part of a strategic move to strengthen its position in Ukraine's retail market. This deal, unveiled on July 16, is one of the largest retail transactions in Ukraine for 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kolo do?

Kolo is a convenience store chain that specializes in neighborhood markets. Launched in May 2017, it operates over 250 outlets in Kyiv, the Kyiv region, and Odesa. The chain aims to cater to local communities with accessible retail options. It is privately held, operating in E Commerce, and is based in Ukraine.

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