Zielpunkt to be sold again

Companies ♦ Published: June 28, 2010; 00:00 ♦ (Vindobona)

New Zielpunkt boss Satek wants reorganization of the chain rather than a split

Zielpunkt to be sold again / Picture: © Vindobona.org

The new Zielpunkt boss Jan Satek, will not destroy the supermarket chain but rehabilitate and sell it again in five years. Cooperation with delicatessen specialist Schirnhofer will be expanded. New cheap own brands as well as more regional products will also attract customers.

Target point was sold in May at the Luxembourg investor BluO. The Company and its 306 branches and…

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