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Metro Intends To Sell Real Hypermarket Business 'As A Whole'

Published on Jan 18 2019 11:00 AM in Retail tagged: Trending Posts / Germany / Metro / Kaufland / Real / Paywall

Metro Intends To Sell Real Hypermarket Business 'As A Whole'

Wholesaler Metro has said that it still intends to sell its Real hypermarket business 'as a whole', despite suggestions in the German media that Kaufland may be poised to take over 80 to 100 sites.

Lebensmittel Zeitung reported that the Schwarz Group-owned discounter is eyeing a partial takeover of the group, with the news portal also reporting that Morgan Stanley, real estate developer Redos and Cerebrus are also waiting in the wings.

In response, a Metro spokesperson told ESM that the wholesaler '[does] not comment on individual names in the ongoing divestment process. However, you can assume that we are currently holding talks with a number of interested parties.

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