January 19, 2021

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HOME REGIONS Russia & CIS › Lanit boosts retail arm with Nosimo deal

Lanit boosts retail arm with Nosimo deal

by Stuart Wilson, Friday 19 October 2012

Russian IT group Lanit has bolstered its retail arm through the acquisition of Nosimo for approximately US$50m. Nosimo operates Samsung-branded stores in Russia and was a rival to Lanit’s re:Store Retail Group, which specialises in running branded retail stores for major vendors. re:Store operates branded stores for Apple, Samsung and Sony.

Nosimo boasted a network of 40 Samsung retail outlets with plans to double the number of stores in the next year. re:Store had just three Samsung stores up and running with plans for a further six in the pipeline.

re:Store is an Apple premium reseller with a network of more than 60 stores including 25 outside Russia. The company claims that it is currently the largest Apple premium reseller in Russia.

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