Metro sold the Extra Retail Chain in Germany

By: trademagazin Date: 2008. 01. 18. 00:00

From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops.

 The sale of Extra enables Metro to concentrate its food retailing operations solely on Real hypermarkets, and thereby focus more effectively on further successful repositioning in Germany. The sale price is unknown but the stores have annual revenue of 1.6 billion euros.

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