at the end of November the offers for the in the tag plug-in end of the company globe due, say several familiar with the Situation of people, the Reuters news Agency, were. It offers domestic and abroad would be expected. Thus, the Signa is likely to group of the Austrian Investor Rene Benko, of the German Department store group Karstadt, Galeria Kaufhof, Say, in the race to rise, said an Insider. With the sale of the globe-owner of Migros have entrusted the investment Bank Alantra real estate consultants CBRE.
The second-largest Swiss retailer, announced in June, to four daughters sell. For globe, the decoration company Depot, the furniture dealer Interio and the electric bike-dealer m-way there is a better owner than the especially in the food business, strong, Migros, was it welcomed at the time. For m-way, Migros has now found a new owner. “The processes for Globus, Interio and Depot are planned in the corridor,” said Migros spokesperson.
globe, which is recorded in 2018, a decline in sales to 808 million francs, writes losses. With investments in Online business and the Expansion of the supply of high-priced products, the company’s boss, Thomas Herbert wants to lead the company back into the black Numbers. Migros, according to the expenditure in the three-digit million range are necessary.
everything as a package
It was open, whether the sale of the globe will be carried out with or without real estate, so the speaker. One of the Insider, the group would sell everything as a package. Globe operates a total of 49 locations. In four major cities, Migros also owns the real estate. Houses around the globe were fighting against the wind, because many customers will return to the inner cities and were houses in the back and prefer to order at Online retailers such as Amazon or Zalando.
dozens of parties would not be binding expressed interest in the globe, said an Insider. However, only a handful are likely to, in fact, come as a buyer in question. The only one who has publicly thrown his hat in the Ring, is globe-in-chief Herbert. He and other managers could cope with a Takeover, including the real estate, but only together with a financial investor. He had interests in a Management Buy-out, said a globe spokesperson.
Careful selection of Migros
“Migros will select the new owner of the globe very carefully and have a clear preference for a Investor who invest in the company has developed this further and in a challenging market environment continues to be successfully pursued,” said a spokesman.
Also, for the Depot, which is in particular in Germany and Austria, was to run the sale process, said familiar with the Situation people. This transaction is organizing the investment Bank DC Advisory, said.
DC Advisory, Alantra, CBRE and Signa did not want to comment. (fal/reuters)
Created: 29.10.2019, 17:34 PM