Euro Cater acquires METRO Cash & Carry stores, etc.
On 9 October, a deal was struck on acquisition of parts of METRO Cash & Carry in Denmark as well as the related distribution activities.
Bech-Bruun represented the buyer, Euro Cater, a market-leading food service company with activities in Denmark and Sweden. It is expected that Euro Cater will take over the stores in Glostrup and Aarhus in December and integrate them into the undertaking’s distribution network in Denmark.
The sale is subject to the approval of the Danish competition authorities, which is expected towards the end of November.
The seller is German-based METRO Group, a substantial international player with 250,000 employees.
The agreement was secured following a long process and concluding negotiations at Bech-Bruun.