Reitan Retail to acquire a majority of ALDI’s Danish grocery store network.

Reitan Retail, a retail company, agreed to acquire a majority of ALDI’s Danish grocery store network. Financial terms were not disclosed. “REMA 1000 Denmark has been a fantastic growth story, demonstrating the scalability and growth potential of our business model. The agreement with ALDI is an important step in Reitan Retail’s strategy to strengthen our position, renew and develop our portfolio and contribute to sustainable and profitable growth,” Ole Robert Reitan, Reitan Retail CEO.