Metro AG: latest news, analysis and trading updates | ESM Magazine

Metro AG Announces Takeover Of Davigel Spain

Metro AG has announced the takeover of foodservice distribution company Davigel Spain, for an undisclosed fee. The wholesaler said that the acquisition...

Wholesaler Metro Sees Like-For-Like Sales Down 3.9% In 'Robust' Full-Year

Wholesale giant Metro AG has posted a like-for-like sales decline of 3.9% in its full-year 2019/20, a period it described as 'robust'. The group said th...

Metro Shareholders In Talks Over Joint Proposal For New Chair: Sources

Leading shareholders of German retail group Metro are in talks on a joint proposal for a future chairman in a sign that they are working to put a...

Metro’s Food Start-Up Hub NX-Food Is Now An Independent Company

German wholesaler Metro has announced that it has spun off its food start-up hub NX-Food as an independent company. The move aims to enable NX-Food to o...

Metro AG CEO Olaf Koch To Step Down At The End Of The Year

German wholesaler Metro AG has announced that CEO Olaf Koch will step down from the position at the end of this year. On Friday (21 August), Koch inform...

Metro AG COO Philippe Palazzi To Step Down

Metro AG has announced that its chief operating officer and member of the management board, Philippe Palazzi, has decided to step down from the position, e...

Luxembourg's SCP Group Acquires Real Hypermarket From Metro AG

Luxembourg-based SCP Group has entered into an agreement to acquire the entire business of Real hypermarket from German wholesaler, Metro. The transacti...

Metro AG Sees Q1 Sales Rise, However Home Market Down Slightly

Metro AG has posted a 1.0% increase in like-for-like sales in the first quarter of its financial year, with total sales rising by 2.2% to €7.5 billion...