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METRO is a leading international food wholesaler specialized on HoReCa and Traders.
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. As of March 2024 [update] , Metro is operating 626 wholesale stores in 21 countries, including Europe, Kazakhstan, and Pakistan.
METRO is a leading international food wholesaler and operates in more than 30 countries. The store network comprises a total of 624 stores in 21 countries, of which 525 offer out-of-store delivery (OOS), and 86 dedicated depots.
Dec 22, 2022 · German company METRO AG is an international food wholesaler, also owning retail and department stores, and Reliance Retail has now acquired the Indian arm of the company, known for its ‘Cash and Carry’ model.
Dec 22, 2022 · Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, on Thursday signed definitive agreements to acquire 100 percent equity stake in Metro Cash and Carry India Pvt Ltd, which operates under the ‘Metro India' brand, for a cash consideration of Rs 2,850 crore.
May 20, 2022 · German retailer Metro AG plans to cash out of India business for around $1.5-1.75 billion, according to a media report.
May 13, 2015 · Metro AG plans to invest Rs 400 crore to increase the number of its wholesale stores in India as part of a strategy to make the country a key focus market.
May 11, 2023 · METRO AG has announced today that it has successfully completed the sale of its Indian operations, including all 31 wholesale stores and the entire real estate portfolio (6 store-occupied properties), to Reliance Retail Ventures Limited ("RRVL").
Dec 21, 2022 · METRO AG SELLS METRO INDIA TO RELIANCE. RETAIL VENTURES LIMITED. - 2. METRO aims for leading market position in wholesale . Indian operations would fall out of METRO’s sCore growth strategy due to accelerated shift in industry landscape and increasing competition.
Jan 17, 2022 · Metro AG is reviewing its India wholesale cash and carry business as intense competition from Reliance Retail, Udaan, Amazon and Walmart-Flipkart is quickly changing the industry landscape, two industry executives said.
