Alain Caparros, chief executive officer, of Rewe Group said: “I am very happy that E.Leclerc was awarded the take-over in Poland and that they now have the critical mass needed for acting on this market.”
In the past year Billa Poland achieved a turnover of about €100m with around 1,600 employees. The stores are particularly located in the southern part of the country.
Rewe Group has been active on the highly developed and competitive Polish market since 1996.
In future, the Cologne-based trading group will concentrate in Poland on the cash-and-carry wholesale business, which is operated under the Selgros brand.
This brand is further expanding its position as the unrivalled number two in the Polish cash-and-carry market segment. By the end of next year, another three locations will be added to the current store base of twelve wholesale markets.
Rewe Group is also further expanding in the rest of eastern Europe, where it has a strong market position and where will open more than one hundred and forty new stores this year alone.
The Cologne-based trading group is present with supermarkets, discount stores and cash-and-carry stores in another ten countries.
Source: REWE Group
© FoodBev Media Ltd 2019
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