Wholesale

Germany's Metro Says €5.8bn Bid 'Substantially Undervalues' Company

Metro AG has said that an unsolicited offer by two prominent investors to take over the German wholesaler 'substantially undervalues' it and advised shareh...

Poland's Eurocash Sees First Quarter Revenues Up 10%

Polish retailer and wholesaler Eurocash has posted revenues of PLN 5.48 billion (€1.28 billion) in the first quarter of 2019, a 10% increase on t...

Lekkerland Looks To Digital Services To Gain Edge In Convenience

Convenience wholesaler Lekkerland is pledging to offer its customers 'tailor-made logistics solutions and diverse services' as it seeks to gain a competiti...

With Real Out Of The Way, Metro Can Now Focus On Core Business: Analysis

The news yesterday evening that Metro AG has found a buyer for its hypermarket business is likely to be welcomed both by the group's shareholders and by to...

Kesko To Acquire Finnish Wholesaler Heinon Tukku

Finland's Kesko has acquired foodservice wholesaler Heinon Tukku Oy from the family-owned company Tukkuheino Oy and private individuals. This acquisitio...

Metro Kicks Off China Unit Sale, Likely To Fetch €1.76bn Valuation: Sources

Wholesaler Metro AG has kicked off the sale of its China operations by calling for bids, in a deal that would value the business at as much as $2 billion (...

Metro Removes Single-Use Plastic From Canteens

Wholesaler Metro AG has announced that it will no longer use single-use plastic utensils in the canteens of its Düsseldorf headquarters. The group...

Private Label Sales In Brazil Cash & Carry Show Gains

Private label sales in the cash and carry channel in Brazil grew by 13.5% year-on-year to R$487.2 million last year, up from R$429.2 million in 2017, new r...