SDT Ioannides Bros Ltd agreed to acquire SPAR Store in Larnaca from Ermes Department Stores Plc (CSE:ERME) for €1.5 million on June 30, 2021. SDT Ioannides Bros Ltd will continue the operation under its own tradename. The acquisition was approved by the Commission for the Protection of Competition. The completion of the transaction is estimated to take place in the first half of July.