Behind The Scenes As Norway's Reitan Retail Buys 114 Danish Stores From Germany's Aldi
OSLO (Reuters) -Norway'sReitanRetail said on Friday it had agreed to buy114Danish grocery stores and three distribution centres fromGerman rival Aldi for an undisclosed amount, boosting the Norwegian group's chain of Rema 1000 discount stores. Norway’sReitanRetail has announced buy of 114DanishAldi grocery stores and three distribution centres.Prior to the transaction, REMA 1000 owned around 330 grocery stores in Denmark. For Aldi’s 2,800 employees, the buy means they will be made redundant. Aldi Exits Danish Market, Sells 114Stores To Norway'sReitanRetail. The 114Aldistores covered by the transaction will remain open until the transition to REMA 1000 Denmark is in place. But as soon as the Danish competition authorities gives a go – the Rema 1000 logo will be in place. Norwegian company ReitanRetail, which operates the Rema 1000 retail chain, has reached an agreement to buy114stores and three Aldi distribution stores in Denmark. Retail Media: The Small Store Opportunity. Ireland’s Deposit Return Scheme: Potential Implications For The UK Market. Expanding With Tesco Express. Coming Round The Corner – AI In FMCG Category Management. ReitanRetail new co-owner in Spenn loyalty currency. ReitanRetail becomes one of three owners of Spenn. Together with founding companies Norwegian and Strawberry, Reitan... Rema 100 Denmark, part of ReitanRetail, has agreed to acquire the majority of German discount grocer Aldi’s grocery store network in Denmark.
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