Main legal entities of Russian OBI hypermarkets chain have new owner

MOSCOW. April 10 (Interfax) - The main legal entities of the OBI hypermarket chain in Russia have passed to a new owner, JSC Allonge, according to data from the SPARK-Interfax analytical system.

JSC Allonge became the owner of 100% of the five legal entities associated with OBI: OBI FTs LLC; Sdelai Svoimi Rukami LLC; Obi Pryamoi Import i Postavki LLC; Sdelai Svoimi Rukami Severo-Zapad LLC; and Sdelai Svoimi Rukami - Kazan LLC. The transactions were completed on April 9.

Prior to this transaction, 90% of four of these companies belonged to Modul-2 LLC, and 10% belonged to Valid Korchagin. In one company, Sdelai Svoimi Rukami-Kazan LLC, 58% belonged to Modul-2 LLC, and 42% to OBI FTs LLC.

Allonge is headed by Maryana Gilyasova. She is also the general director and sole owner of Sindika-O Trade Complex LLC, one of the legal entities of the Sindika holding, which is owned by the former president of Kabardino-Balkaria and senator, Arsen Kanokov.

This is the fourth change of the chain's owners in less than a year. Prior to the series of sales, the chain belonged to the German OBI, which in April 2022 withdrew its business from the Russian market.

OBI has been operating in Russia since 2003, with 27 stores across the country.