Leroy Merlin appeals Bauhaus license grant in Valencian Community
What happened
Leroy Merlin appealed the license granted to Bauhaus to operate in the Valencian Community. The new Bauhaus store in Torrevieja, Alicante province, is a €39 million project and is expected to generate around 250 direct and indirect jobs.
From theleader.info
Why it matters
The appeal introduces operational risk for Bauhaus's expansion plans within the Valencian Community. The new store, which will be Bauhaus's third in the Valencian Community, is progressing quickly and could open as early as December.
From theleader.info
Who's involved
- BauhausGerman home improvement retailer seeking license for expansion
- Leroy MerlinFrench home improvement and gardening retailer challenging the license
- Valencian CommunityAutonomous community of Spain where the retailer operates
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BauhausSpeculative
Bauhaus might face operational risk due to the rival's appeal against the license granted by the local council.
- AlfafarSpeculative
Alfafar might face business uncertainty regarding the operational license for a major new retail store.
- PaternaSpeculative
Paterna might face business uncertainty regarding the operational license for a major new retail store.
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The entities involved
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Bauhaus
Czech company
Nothing else this week.
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Leroy Merlin
French home improvement and gardening retailer
Nothing else this week.
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Valencian Community
autonomous community of Spain