REWE Group Sells Supermarkets in Poland
Köln, 03.08.09
25 BILLA branch stores will be taken over by E.Leclerc Eastern Europe remains on focus of Cologne-based trading group
The transaction was organised within the framework of an invitation to tender. "I am very happy that E.Leclerc was awarded the take-over in Poland and that they now have the critical mass needed for acting on this market", said Alain Caparros, CEO of REWE Group.
In the past year BILLA Poland achieved a turnover of about 100 million euros with around 1,600 employees. The stores are particularly located in the southern part of the country. REWE Group has been active on the highly developed and competitive Polish market since 1996. In future, the Cologne-based trading group will concentrate in Poland on the cash-and-carry wholesale business, which is operated under the SELGROS brand. This brand is further expanding its position as the unrivalled number two in the Polish cash-and-carry market segment. By the end of next year, another three locations will be added to the current store base of 12 wholesale markets.
REWE Group is further expanding also in the rest of Eastern Europe, where it has a strong market position and where will open more than 140 new stores in this year alone. The Cologne-based trading group is present with supermarkets, discount stores and cash-and-carry stores in another ten countries of the region.
With a turnover of about 50 billion euros and 320,000 employees, REWE Group is one of the leading trading and travel and tourism companies in Germany and Europe. The company, founded more than 80 years ago, is present in 16 countries with about 15,000 stores. The sales lines comprise super and hypermarkets of the REWE, toom and BILLA brands, the discounter Penny, the DIY stores of toom BauMarkt and the consumer electronics chain ProMarkt. The travel and tourism division comprises the tour operators ITS, JAHN REISEN and TJAEREBORG as well as Dertour, Meier's Weltreisen and ADAC Reisen, and about 2,500 travel agencies.
The French trading group E.Leclerc, specialising in the hypermarket business and headquartered in Paris, currently operates around 600 stores in Europe, of which 82 locations are situated outside France. In the past year, the company achieved a turnover of about 35 billion euros with 91,000 employees.
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REWE GROUP-Corporate Communications
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E-Mail: presse(at)rewe-group.com
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