METRO GROUP strengthens wholesale business with the acquisition of RUNGIS express

12 February 2016

  • Portfolio expanded with leading premium foods supplier RUNGIS express including logistics activities
  • Acquisition of business activities in six countries
  • Targeted expansion of its Food Service Distribution (FSD) gives METRO access to premium segment in Germany
  • Mutual growth by supplying premium gastronomy customers
  • RUNGIS express will continue operating as an independent company

With the acquisition of the leading premium foods supplier RUNGIS express, METRO GROUP is purposefully extending the delivery business of its METRO Cash & Carry wholesale operations. Subject to approval by the responsible antitrust authorities and supervisory bodies, the Düsseldorf-based retail group will acquire the German and international business of RUNGIS express with headquarters in Meckenheim as well as the corresponding logistics and service activities. With this investment, METRO GROUP once again underscores its repositioning as a multi-channel retail company that purposefully combines its online and offline business.

RUNGIS express is a leading company in the field of food service distribution, i.e. the direct delivery of premium foods to customers from the hotel, restaurant and catering (HoReCa) sector. The company forms part of the Cool Chain Group, which operates various trading and logistics entities. The brand and the independence of RUNGIS express will be retained also after the takeover. Also covered by the transaction are the activities of RUNGIS express in Austria, Poland, Portugal, Switzerland and Spain as well as its logistics activities, the retail business (cc delivery) and its headquarters in Germany. This acquisition will complement the existing food distribution activities of METRO Cash & Carry with special expertise and know-how in the FSD segment. The parties agreed not to disclose the value of the transaction.

"The acquisition of RUNGIS express represents an important step for METRO Cash & Carry on its way towards becoming the leading multi-channel food service provider in Germany", says Pieter C. Boone, Member of the Management Board of METRO AG and CEO of METRO Cash & Carry. "RUNGIS express offers great expertise and many years of experience in the premium food segment. This collaboration will enable us to drive our expansion in this field in Germany and to further expand our existing food service distribution concept. By combining the strengths of both partners, we are developing METRO Cash & Carry Germany into an increasingly important partner and service provider for numerous customers from the hospitality sector who expect competent delivery and advice from a modern wholesale company."

"METRO GROUP is the ideal partner for RUNGIS express because our organisational independence is retained and because we see good opportunities for mutual growth in the future", says Christian Helms, Member of the Board and CEO of RUNGIS express.

RUNGIS express supplies premium foods and delicatessen with a focus on the fresh/ultrafresh range, in particular meat and poultry as well as fish and seafood. In addition, the offering also includes fruit and vegetables, mise-en-place products and hand-made fresh pasta. The assortment covers around 3,000 products from more than 60 countries. High end gastronomes make up the majority of the company's more than 6,000 customers. In total, RUNGIS express has around 600 employees. The company's turnover amounted to approximately €130 million in 2014.

In Switzerland, RUNGIS express operates under the name Fideco and is mainly known in the premium-class gastronomy sector for its fresh fish selection. The retail entity cc delivery supplies an assortment of more than 1,000 products to the top delicatessen in Germany. In addition to the established delivery business, METRO GROUP also acquires Cool Chain Group's logistics activities in Germany. Their core competence lies in the temperature-controlled shipment of perishable goods with a vehicle fleet of over 150 state-of-the-art transporters as well as trucks with a three-chamber system.

 

 

METRO GROUP is one of the most important international retailing companies. It generated sales of some €59 billion in financial year 2014/15. The company operates over 2,000 locations in 29 countries and employs more than 220,000 people. The performance of METRO GROUP is based on the strength of its sales brands, which act independently on the market: METRO/MAKRO Cash & Carry, the international leader in the self-service wholesale trade; Media Markt and Saturn, the European market leader in consumer electronics retailing; and Real hypermarkets.

The gastronomy supplier RUNGIS express was founded in 1978 and used to mainly buy a range of fine foods from the Rungis wholesale market in Paris to bring them to Germany as quickly as possible. Within a few years' time the company became the market leader in this sector. Great innovative power, top food expertise and service orientation are the main pillars for the success of RUNGIS express with its parent company Cool Chain Group (CCG) taking on the role of cold chain expert and freshness guarantor. To this day, the name "RUNGIS express" and the Eiffel tower in the logo remind of the company's origins.

More information at www.rungisexpress.com