Property investment group Indotek has completed its acquisition of Auchan Hungary, purchasing the remaining 53% stake from Auchan Retail International and becoming the sole owner of one of the country’s largest supermarket chains.
The transaction completes a process that began when Indotek acquired a 47% stake at the end of 2024, together with operational control of the business. The purchase was financed entirely from the company’s own resources. The financial terms were not disclosed.
Retail operations continue unchanged
The retailer will continue trading under the Auchan brand and remain integrated into the international Auchan purchasing and private-label network, ensuring continuity for customers, suppliers and employees.
According to the company, Auchan Hungary has also secured new financing facilities from Erste Bank, Raiffeisen Bank and UniCredit, replacing previous intra-group financing provided by Auchan Retail International.
“We have demonstrated over the past 18 months that taking over operational management was the right decision,” Indotek Chief Executive Dániel Jellinek said, adding that the business has become stronger and more stable since the partnership began.
One of Hungary’s largest retailers
The company operates a nationwide network comprising 19 hypermarkets, two superstores, three supermarkets, 19 filling stations, an online store and an automated Auchan GO convenience outlet.
The retailer employs approximately 5,400 people and generated around HUF 500 billion (€1.25 billion) in revenue during 2025. Auchan’s market share is estimated at around 6% of Hungary’s retail grocery market.
Expansion strategy shifts toward smaller stores
Indotek plans to expand Auchan’s presence beyond its traditional hypermarket format by introducing smaller neighborhood stores, with ambitions to open hundreds of new outlets across Hungary over the coming years.
The company believes its extensive commercial real estate portfolio, including shopping centers and retail parks across Hungary, will create opportunities to accelerate the supermarket chain’s expansion.
From property investor to retail owner
Founded as a property investment company, Indotek has built one of Central Europe’s largest commercial real estate portfolios, owning more than 350 properties across 12 countries, including office buildings, shopping centers, hotels, logistics facilities and retail parks.
