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Pfeiffer Group Gets In Zielpunkt

Published: May 1, 2012; 20:00 · (Vindobona)

The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.

Pfeiffer Group Gets In Zielpunkt / Picture: © Zielpunkt

In January, the German national Jan Satek took over Zielpunkt. For Satek, the MBO was a “logical step”. The Austrian supermarket discounter was sold by the Luxemburg-based financial investor BluO-Group. The Group acquired Zielpunkt in 2008 from the German Tengelmann Group. Zielpunkt supermarket chain is loss-making since several years.

Now, Satek has a new partner. The…

This article includes a total of 163 words.

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