Zielpunkt: „Not for Sale“

CompaniesRetail & Consumer ♦ 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…

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