Acquisition with strict conditions
Edeka group, the biggest supermarket chain Germany buys Tengelmann Kaiser’s supermarkets. There are strict conditions for the acquisition, though: Edeka must guarantee that 97 percent of the 16,000 employees in the 450 Kaiser’s supermarkets keep their job in the next 5 years. Plus the group isn’t allowed to sell the stores in the next 5 years.
Related news
More related news >
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >