The Dutch Sligro Food Group, active in the food wholesale trade, has formally applied for the acquisition of part of the activities of Makro Cash & Carry Belgium, it announced in a press release on Monday.
Makro Cash & Carry Belgium is currently in a legal reorganization procedure due to financial difficulties. The procedure makes it possible to transfer all or part of the company’s activities to another entity and to safeguard employment in viable activities.
Sligro, which is already active in Belgium, has shown its interest in the 11 stores of the Metro brand. Of these 11 stores, two are located in Wallonia (Namur and Liège) and one in Brussels.
According to Sligro, the next few months will make it possible to see more clearly on the feasibility of a takeover and its possible conditions.
In mid-September, Makro Cash & Carry Belgium reported that “several serious parties” had expressed interest in acquiring Metro’s activities, certain Makro activities or Makro stores.
Besides the Metro stores, Makro Cash & Carry Belgium has six Makro supermarkets in Belgium, including two in Wallonia (Lodelinsart and Alleur). In total, the group employs approximately 2,000 people.
Makro Cash & Carry Belgium is currently in a legal reorganization procedure due to financial difficulties. The procedure makes it possible to transfer all or part of the company’s activities to another entity and to safeguard employment in viable activities. Sligro, which is already active in Belgium, has shown its interest in the 11 stores of the Metro brand. Of these 11 stores, two are located in Wallonia (Namur and Liège) and one in Brussels. According to Sligro, the next few months will make it possible to see more clearly on the feasibility of a takeover and its possible conditions. In mid-September, Makro Cash & Carry Belgium reported that “several serious parties” had expressed interest in acquiring Metro’s activities, certain Makro activities or Makro stores. Besides the Metro stores, Makro Cash & Carry Belgium has six Makro supermarkets in Belgium, including two in Wallonia (Lodelinsart and Alleur). In total, the group employs approximately 2,000 people.
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