Assets
METRO – one of the largest transnational operators of wholesale. The company offers the range food and nonfoods and specializes in satisfaction of requirements of a HoReCa segment and independent trade organizations. METRO also maintains competitiveness of entrepreneurs and owners of own business using digital solutions, thereby making the contribution to increase in sociocultural variety in retail trade and hospitality industry.
History
2020
- About 16 million clients of METRO can shop in full-scale shopping centers worldwide and also order goods online with receiving in shop or with delivery.
- The company is provided in 34 countries with a total quantity of employees over 100,000 employees worldwide.
Sale of Real hypermarkets to network
In June, 2020 the German retailer Metro AG closed the transaction on sale of Real hypermarkets of the Luxembourg company SCP Group SARL to network (in which 49% belong to AFK "Sistema").
In February, 2020 it was reported that the Luxembourg company SCP Group SARL at the head of consortium of investors buys the German network of Real hypermarkets from Metro AG and its subsidiary companies.
Subsidiary of AFK "Sistema" — Sistema Finance S.A. — undertook the obligation for providing financing of the transaction for the amount to 263 million euros.
SCP Group will become the only owner of stationary retail stores Real, digital business, including the trade online platform real.de and also all subsidiary companies Real.
It is noted that with closing the deals of Metro are successfully closed by conversion to the company which is completely focused on wholesale. According to the results of the transaction the company, as expected, will receive 300 million euros.
2019
- The sales volume of METRO in 2018/2019 financial year was about 27.1 billion euros.
- In October, 2019 METRO AG signed the sales agreement of a majority stake of actions in METRO China of Wumei company.
- In September, 2018 METRO AG started process of alienation of retail network of Real grocery stores which staff makes 34,000 employees.
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