Pxmart Co Ltd agreed to acquire RT-Mart from Auchan Retail International S.A., Ruentex Industries Ltd. (TWSE:2915) and Ruentex Development Co.,Ltd. (TWSE:9945) on October 22, 2021. RT-Mart is to continue operating as a separate brand. This sale will be accompanied by the simultaneous sale by the Ruentex group of its own stake in RT-Mart. As a result, 95.97% of RT-Mart will be held by the Pxmart Co Ltd. In 2020, RT-Mart generated revenue of €805 million. The transaction is subject to regulatory approval and is expected to be completed in mid-2022. The acquisition deal is expected to create synergy for PX Mart. Jerry Chu of KPMG Advisory Services Co., Ltd.acted as financial advisor to Pxmart Co Ltd.

Pxmart Co Ltd completed the acquisition of 95.97% stake in RT-Mart from Auchan Retail International S.A., Ruentex Industries Ltd. (TWSE:2915) and Ruentex Development Co.,Ltd. (TWSE:9945) for TWD 11.5 billion (€380 million) in December, 2021. As of July 15, 2022, The deal has been conditionally approved by Taiwanese competition authority (Fair Trade Commission).