Edeka: 60 second round-up

Keshia Beadle
Senior Retail Analyst
@RetailAnalysis

Date : 06 July 2020

We bring you the latest news from Edeka in Germany.

Structural reorganisation

There are a number of changes occurring within the Edeka management board. Purchasing will be distributed amongst fewer heads of departments, with two managers, Dirk Eßmann and Florian Decker now responsible for more purchasing areas. This includes international purchasing, which has become more important for Edeka due to the its participation in the Agecore buying group. Quality management, which previously sat with marketing, is being moved to the merchandising department. Edeka hopes this will create more focus on leadership in price, performance, social responsibility, security and transparency in the supply chain and production chain. Gottfried von Laue will take on the new position of Head of the Quality Management and Quality Assurance division.

Edeka wants to purchase more Real stores

Following the acquisition of Real by SCP Group, Edeka has shown interest in acquiring up to 70 Real locations, which is more than the 53 originally discussed. SCP Group has also agreed to sell 101 locations to Kaufland and is in talks with Rewe and Globus over the sale of further locations.

Edeka buys remaining 10% of Netto

Edeka owned a majority stake in its discount chain, Netto Marken-Discount, however Tengelmann held a 10% share. Edeka has now signed a deal to purchase this stake, giving it full ownership of the discount banner. The deal will complete on the 1st of January, 2021.

 

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