METRO completed the acquisition of AGM stores from REWE Group.

Synopsis

METRO, a partner of many small and mid-sized independent companies, completed the acquisition of AGM stores, 9 wholesale stores in Germany, from REWE Group, a diversified retail and tourism co-operative group. Financial terms were not disclosed.

Principals

target

Rewe Group (agm Stores)

bidder

Metro

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Market Context

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Bidder Team (2)

steffen greubel

CEO at METRO AG

Manager

bidder

Deals

£ 2.03 B

Total Value

christian baier

CFO at METRO AG

Manager

bidder

Deals

£ 12.90 B

Total Value

Vendor Team (2)

lionel souque

CEO at REWE GROUP

Manager

vendor

Deals

£ 668 M

Total Value

telerik schischmanow

Vice President Trade Germany at REWE GROUP

Manager

vendor

Deals

n/a

Total Value

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