METRO: Strengthens its position in Austria
The Higher Regional Court in Vienna, acting as a cartel court, has approved the takeover of the AGM wholesale stores, including the company headquarters in Salzburg, by METRO Austria subject to conditions.
METROAustria grows with that first 21 wholesale markets stationary and takes over the associated delivery business. After the recent takeovers of the delivery specialists Aviludo (Portugal) and Pro a Pro (Spain), the takeover the AGM markets another step to die market presence in the wholesale industry in Western Europe and to expand the range of services for customers in the HoReCa industry. The acquisition pays towards the goals of “sCore” growth strategy which provides for a strengthening of the multi-channel offering including stores, delivery and digital business as well as a significant increase in delivery sales by 2030.
METRO Austria manages AGM with 9 wholesale markets as well as the delivery business belonging to the business premises and the company headquarters in Salzburg with a total of over 15,000 customers. That antitrust court in Vienna has died transaction by METROAustria released subject to conditions. The AGM locations in Graz, Hartberg, Spittal/Drau, Liezen, Neusiedl/See, Wiener Neustadt, St. Pölten, Bludenz and Klagenfurt are part of the takeover agreement with ADEG Österreich Handelsaktiengesellschaft (part of Rewe International AG). die round 430 employees of the locations mentioned and the headquarters in Salzburg accepted. For two of the locations, Klagenfurt and Bludenz, there are certain legal requirements that are still being implemented.
The stationary wholesale network and the delivery business (Food Service Delivery – FSD) of METRO Austria are very well complemented by the AGM stores. METRO offers with a increased market presence existing and new customers real added value in products and services and deepens the competence in gastro wholesale in Austria with a focus on the hotel industry, gastronomy and communal catering. (METRO)