Article Tools

Zielpunkt: „Not for Sale“

Published: April 10, 2012; 17:38 · (Vindobona)

The new owner of the Austrian supermarket chain, Jan Satek, says that there are no plans to re-sell 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 2010 from the German Tengelmann Group. Zielpunkt supermarket chain is loss-making since several years.

The acquisition price was not disclosed.…

This article includes a total of 364 words.

or Log In

Fast News Search