Spar’s parent company has made a €23m bid to acquire rival convenience retailer Londis.
BWG Group, which operates Spar and Mace in Ireland, said they would retain the Londis brand as part of any takeover.
The deal is subject to approval by competition authorities and also requires the support of at least 80% of ADM Londis shareholders.
In August, Spar South Africa announced it would buy an 80% stake in BWG Group, which operates more than 1,100 stores around the country.
It also announced plans for a €100m investment in the business over the next five years.
Acquiring Londis would add another 200 stores to the BWG Group.
