The year in review
Selected events during financial year 2015/16
Purchasing cooperation strengthens Real’s competitiveness
5/10/2015 – Real and Privates Handelshaus Deutschland GmbH (PHD), Germany’s leading private buying alliance, launch a purchasing cooperation accounting for about 7 per cent of Germany’s total FMCG (fast-moving consumer goods) trade volume. By pooling their procurement volumes, both partners will improve their purchasing terms and strengthen their competitive position in the market.
Supporting local refugee aid
26/10/2015 – METRO GROUP sets up a €1 million fund for refugee aid. Group employees may request a one-time sum of €10,000 per employee for projects they are interested in pursuing. The company aims to offer non-bureaucratic help, alleviate acute needs and contribute to the integration of refugees.
Saturn opens “Saturn Connect” store in Cologne
29/10/2015 – As part of its ongoing efforts to advance its multichannel strategy, Saturn launches a new concept for digital lifestyle products and services called “Saturn Connect”: in a highly frequented high-street location in Cologne, the new store presents products from four theme worlds including smartphones, wearables and virtual reality glasses. A special focus is on comprehensive advice and services such as smartphone repairs and data transfers. Starting in 2017, the new concept will be introduced at other highly frequented locations in Germany.
Top scores in CDP climate ranking
4/11/2015 – METRO GROUP ranks among the companies with the best climate reporting in the German-speaking world. The international non-profit organisation Carbon Disclosure Project (CDP) names METRO GROUP “Sector Leader Consumer Staples” and “Index Leader MDAX” in its climate ranking. CDP evaluates whether companies are effectively addressing the opportunities and risks arising from climate change and whether they provide transparent information on these efforts.
Same-day delivery available across Germany
19/11/2015 – Media Markt and Saturn are forging ahead with the expansion of their express delivery service launched in 2014 and now offer same-day delivery from nearly all locations across Germany. Customers can have their online or in-store purchases delivered to their home within three hours. The service is offered in collaboration with tiramizoo, a Munich-based provider specialising in same-day delivery.
Sale of METRO Cash & Carry Vietnam completed with the receipt of the purchase price
7/1/2016 – Thai TCC Land International Pte. Ltd. acquires METRO GROUP’s wholesale business in Vietnam including all 19 wholesale stores and the associated real estate portfolio. The total transaction value is €655 million; it was already recognised in the first quarter.
Demo Day of METRO Accelerator powered by Techstars
28/1/2016 – The eleven finalists of the first METRO Accelerator powered by Techstars present their digital business ideas to about 400 investors and experts in Berlin. The start-up programme launched by METRO GROUP and US company Techstars as well as R/GA aims to support the digital transformation of the hotel, restaurant and catering sectors with innovative solutions.
Founding of “METRO Chair of Innovation”
9/2/2016 – METRO GROUP and the Ecole hôtelière de Lausanne (EHL) establish a joint chair for digital innovation in the hotel, restaurant and catering sectors. The aim of the “METRO Chair of Innovation” is to research the digitisation in the Horeca sector in key markets like France, Italy, Spain, Germany and Japan as well as strengthen academic teaching in this area.
METRO GROUP acquires Rungis Express
12/2/2016 – METRO GROUP further strengthens the delivery business of its wholesale segment METRO Cash & Carry in Germany with the acquisition of premium food supplier Rungis Express. The retail company acquires the German and international business of Rungis Express, which will continue to operate as an independent company, as well as the associated logistics and service activities.
Change on the Supervisory Board
19/2/2016 – Jürgen B. Steinemann is elected as Chairman of the Supervisory Board of METRO AG. Karin Dohm is elected as a new member of the Supervisory Board. She succeeds Franz Markus Haniel who gave up his membership at the end of the Annual General Meeting 2016.
Participation in integration initiative “Wir zusammen” (“We together”)
1/3/2016 – METRO GROUP joins with more than 40 other companies in the “Wir zusammen” (“We together”) initiative. The German business initiative supports the integration of refugees by pooling existing partner projects on the website www.wir-zusammen.de.
METRO GROUP announces plans for a demerger of the group
30/3/2016 – METRO GROUP prepares the demerger of the group and the creation of two independent companies focused on their respective market segments. The aim is to create a wholesale and food specialist as well as a company focused on consumer electronics products and services. Both companies will be separate, exchange-listed corporations with own management and supervisory boards. The demerger is scheduled to be implemented by mid-2017.
METRO GROUP acquires shopping portal Hitmeister
31/3/2016 – Real signs the purchase contract to acquire Cologne shopping portal Hitmeister, strengthening its capabilities in online non-food retail and fuelling the growth of its online business.
Second round of METRO Accelerator powered by Techstars
12/4/2016 – METRO Cash & Carry and the international start-up network Techstars launch the application phase for the second METRO Accelerator powered by Techstars. The ten selected international start-ups are offered €120,000 in investment capital as well as access to expert networks to advance the digitisation of the hotel, restaurant and catering business.
Spacelab kicks off second round of tech accelerator
4/5/2016 – As part of the tech accelerator Spacelab, founded in 2015, Media-Saturn also invests in start-ups along the entire value chain in 2016. The sales line particularly focuses on entrepreneurs in the areas of fintech, internet of things, connected home, adtech and mobile commerce.
METRO GROUP invests in digital POS system Orderbird
11/5/2016 – METRO GROUP acquires stake in start-up Orderbird, the leading iPad-based point-of-sale (POS) system for restaurants in the German-speaking region. With this investment, METRO GROUP underscores its commitment to creating value for food service and hospitality customers with digital solutions.
METRO GROUP plans retail logistics park
5/7/2016 – METRO GROUP plans to build Germany’s largest retail logistics park for the German METRO Cash & Carry and Real stores in Marl – on an area of more than 220,000 square metres, with about 1,000 employees. Together with the centre in Kirchheim an der Weinstraße and the warehouse in Hamm, the new location will form the basis for METRO GROUP’s new logistics network in Germany.
Minority holding in start-up Deutsche Technikberatung
7/7/2016 – METRO GROUP acquires a stake in Cologne start-up Deutsche Technikberatung. Drawing on a network of consultants, the participant of Media-Saturn’s first Spacelab accelerator programme offers private customers and small businesses quick answers to technical questions.
METRO GROUP acquires food service distribution (FSD) provider Pro à Pro
8/7/2016 – METRO GROUP signs an agreement to acquire food supplier Pro à Pro, one of France’s major food service distribution (FSD) providers. FSD comprises direct delivery to various customer groups including the Horeca sector. The transaction has yet to be closed.
Cooperation with UN World Food Programme
11/7/2016 – METRO Cash & Carry and the UN World Food Programme (WFP) join forces to fight global hunger. Through its global partnership with the United Nations organisation, the wholesaler will contribute to ending hunger, achieving food security and improved nutrition, and promoting sustainable agriculture.
METRO GROUP invests in web service provider Shore
1/8/2016 – As part of its ongoing efforts to advance digital business models, METRO GROUP acquires a stake in Munich-based start-up Shore, a leading European provider of web-based business solutions for local service providers. Shore supports small and medium-sized businesses with a cloud-based software that allows them to digitally manage their business processes.
METRO AG Supervisory Board approves demerger
5/9/2016 – Following a successful analysis of corporate and tax law requirements, the Supervisory Board of METRO AG approves the plans for the demerger of the group. In organisational terms, METRO GROUP’s separation into two independent entities will become effective on 30 September 2016.
Top ranking in sustainability indices
8/9/2016 – METRO GROUP is Industry Group Leader 2016 in the highly regarded Dow Jones Sustainability World and Europe indices. Following its top ranking in the Food & Staples Retailing category in 2015, the group thus reconfirms its positioning among the world’s most sustainable retail companies.
Early extension of partnership with Tafel food bank organisation
22/9/2016 – METRO GROUP announces the early extension of its cooperation with the German Federation of the Tafel food banks until 2020. For the past ten years, the retail group has been supporting the initiative as a financial sponsor and with food donations. The collaboration with the local Tafel food banks has been operating for more than two decades.