Metro takes over Davigel Spain. Financial details of the purchase price are not known, it has been agreed not to disclose the conditions.
The Spaniards were founded in 1988 and supply more than 4,000 customers. These include above all hotels and restaurateurs. Davigel Spain’s turnover is 35 million euros.
The new acquisition is particularly strong in the Balearic and Canary Islands. It has exclusive rights to various Sysco France products. These are primarily high-quality, ready-to-eat frozen products.
With the purchase, Metro can strengthen its position in Spain and gain new customers.
Metro CEO Olaf Koch: “Davigel Spain is an ideal addition to our existing Spanish activities in terms of product range mix, customer groups and business model. The acquisition strengthens our product range and gives us access to customer groups that have been bound up to now. The active role as a consolidator further consolidates our strong position in the region. “