10 Mar 2010 —
Edeka to Buy Drinks Retailer Trinkgut
The regional Rhein-Ruhr business unit within the Edeka group is looking to buy Trinkgut, the highest-revenue drinks retailer in the German state of North Rhine-Westphalia.
- Trinkgut operates 233 franchised stores in Germany’s most populous state, which generated sales of EUR 516 million last year, an increase of 3.5% compared to 2008.
- Edeka already runs a network of stores specialized in drinks. In March 2009 the company bought 18 stores from Trinkkauf, which boosted its total store count to 90.
- According to Trinkgut, an agreement has been reached with Edeka that will, however, be subject to antitrust scrutiny.