Metro Group news

20 September 2019
The German wholesaler Metro has launched its first B2B online marketplace in Germany that’s dedicated to HoReCa customers (hotel, restaurant, catering). 20,000+ non-food SKU’s from around 40 partners The product assortment consists of more than 20,000 non-food items that are sourced from around 40 partners. Olaf Koch, chairman of the management board of Metro AG, said: “ Our aim is to cr...
09 November 2017
We bring you the latest news from Metro Group across the globe. 120 stores to open in Russia Metro plans to open 120 stores in the Krasnodar region, under the banner Fasol. This is set to happen over the next two to three years and the first store has already been opened in the village of Vyselki. Products sold in-store are sourced locally where possible. To date, there are more than 260 st...
19 July 2017
The demerger of Metro Cash & Carry and the consumer electronics business has been completed, creating two separate companies. Separate areas of expertise The wholesale and food retail business, which consists of Metro/Makro Cash & Carry and Real hypermarkets, will now be considered as Metro. The consumer electronics business, which consists of Media Markt and Saturn will now be called CEcon...
27 February 2017
Metro Group has partnered with Singapore group, Yoma Strategic Holdings Ltd to enter Myanmar. Integrated wholesale platform The joint venture, of which Metro holds an 85% stake and Yoma a 15% stake, will establish an integrated wholesale distribution platform in Myanmar. The new venture will aim to provide quality supplies for local professional customers and hopes to also improve the whole...
21 December 2016
As announced in March, Metro Group will be split into a food company and a consumer electronics company in mid 2017. The new company names have been announced as Metro (or Metro WFS) for the wholesale and food business and CECONOMY for the consumer electronics business. Focused operations The split, which was first announced in March , will enable each part of the business to grow faster i...
11 July 2016
Metro Group has announced plans to build a new logistics facility in Germany - the country’s largest ever retail logistics park. A groundbreaking development The logistics facility will be built in Marl, in the west of Germany and will cater to Metro Cash & Carry stores and Real hypermarkets. At 220,000 sq m, the retail logistics park will be the largest ever built in Germany and will...
30 March 2016
Germany's Metro Group is proposing to split itself into two groups: A wholesale and food specialist group and a consumer electrics group, with implementation targeted for mid 2017. What will the split mean? The demerger would see Metro, Makro and their associated entities (including Real) form one group, and Media-Saturn and its portfolio of formats and brands become a separate group. ...
16 February 2016
Metro Group has strengthened its wholesale business with the acquisition of RUNGIS express, a leading premium food supplier. Expanding own foodservice distribution Metro Group has revealed its acquisition of RUNGIS express, the supply business of its wholesale division Metro Cash & Carry. The deal, which is subject to regulatory approval, is part of Metro’s plans to strengthen and expand it...
25 March 2015
Metro Group is to partner with Frequentz to promote supply chain transparency. Simplifying international traceability The retailer will use Frequentz’s Track and Trace system to monitor and promote visibility along the end-to-end supply chain. The system, which is easily adapted to different markets, will be used to monitor pharmaceuticals, seafood and produce across stores in 31 countries....
12 August 2014
German retailer Metro confirms the sale of its Vietnamese operations to Thai company Berli Jucker Public Company Limited (BJC) for €655 million. Aggressive expansion plans BJC, a Thai diversified supply chain group, will acquire the complete wholesale business in Vietnam of the German based group. BJC will take over the operational business of METRO Cash & Carry Vietnam in the first half of n...