Takeover: “real” and Rewe agree

As reported, after the insolvency of “mein real” Rewe had already received the green light from the Federal Cartel Office for the potential takeover of 15 stores, including Coesfeld. This was followed by concrete negotiations regarding the locations; other bidders are also said to have been in the running for Coesfeld. In the end, Rewe was awarded the contract. However, the specific takeover is still subject to the approval of the property owner. This is the Hauck Aufhäuser Lamp (HAL) private bank. Our newspaper could no longer be reached for comment yesterday.

Overall, the SCP Group, as the owner of “real”, tried to pass on 63 remaining branches nationwide to other retail groups after initiating insolvency proceedings under self-administration in September of this year. This was only achieved with 18 of them: 14 went to the Rewe Group, three to Kaufland and one to Edeka. 45 markets have to close. Bojan Luncer, CEO of real GmbH: “We made this decision after carefully examining all alternatives.” Social plans are to be drawn up for the affected employees in cooperation with the works councils.

Initially, operations in Coesfeld will continue to operate under “my real”. If the property owner agrees, Rewe will take over by April 1, 2024 at the latest.

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The post first appeared on www.azonline.de

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