Overview
- Edeka has signed agreements to take about 200 Tegut supermarkets along with the Michelsrombach logistics center, the Herzberger bakery and the Teo operator Smart Retail Solutions, with a commitment to absorb staff in acquired sites.
- Rewe is negotiating a smaller package likely below 100 stores, while other bidders have shown interest, including Aldi Nord for a handful of locations.
- All transfers require Bundeskartellamt approval, and a Monopolkommission member has flagged the high market concentration as grounds for particularly intensive scrutiny.
- Roughly 7,400 employees were briefed on the wind‑down, and Edeka argues its takeover would preserve many jobs that might otherwise be at risk.
- Migros cites sustained losses and a highly price‑driven German market for its exit and says it will refocus on its core business in Switzerland.