Pepco will take over the lease agreements for 71 Wilko stores in Great Britain

The Pepco Group (owner of the Pepco and Dealz brands in Europe and Poundland in the UK) has reached an agreement with PwC – the manager of the British discount store chain Wilkinson Hardware Stores Ltd (Wilko) – to take over up to 71 lease agreements for Wilko stores, the company announced. The lease transfers are expected to be completed in early autumn, enabling these stores to join Poundland’s existing network of over 800 stores.

The Pepco Group was established in 2015 and consists of the Pepco, Dealz and Poundland retail chains. The Pepco Group currently has approximately 4,300 stores in 21 countries, employing approximately 43,000 people. The company debuted on the WSE in 2021; is included in the WIG20 and WIG30 indices.

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