Cartel Office: Rewe Is Allowed to Take over 38 Tegut Markets, 8 in East Hesse
26 Articles
26 Articles
derwesten.de
The Federal Cartel Office gives the green light: Rewe is allowed to take over 38 Tegut markets. What this means for customers and employees.
The Migros Group is withdrawing from the German market. Its Tegut brand will disappear, but numerous branches will continue to exist. Edeka and the chain Aunt Enso are given the green light by the Cartel Office. Rewe is also allowed to take over markets, but not all who wanted it.
The Federal Cartel Office approves the purchase of 38 Tegut branches by Rewe. Two locations remain out of the question because competition concerns exist:
Rewe is allowed to take over 38 Tegut markets, including eight locations in East Hesse. However, the change does not take place for the markets in Schlüchtern and Marburg. Following competition concerns of the Federal Cartel Office, the Rewe Group has committed itself to refrain from taking over these two locations for at least four years.The decision was announced by the Federal Cartel Office in Bonn on Wednesday, 14 October. Originally, Rewe h…
Tegut is sold, the branch network is smashed. Edeka reached for most of the locations, competitor Rewe wanted less. Germany's competition guardians examined the takeovers.
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