Booker snaps up Metro's troubled UK arm

The UK food wholesaler has acquired Makro UK, the long-suffering local arm of German retail giant Metro Group. Can Booker breathe fresh life into the embattled business?

Talking shop: City hails buoyant Booker's move for ailing Makro

31 May 2012

Parts of the City had called for Booker to buy Metro Group's UK arm Makro a year ago and, this week, the UK food wholesaler has announced a cash-and-shares takeover for the business. Analysts have welcomed the deal, even for a loss-making business, which also includes an ongoing "partnership" between Booker and Metro. Dean Best reports.

UPDATE: UK/GERMANY: Booker deal will strengthen Makro - Metro

30 May 2012

Metro Group said today (30 May) the sale of its Makro arm in the UK to local wholesaler Booker will make the loss-making business stronger.

UK/GERMANY: Booker to buy Metro UK cash-and-carry arm

30 May 2012

UK food wholesaler Booker is set to buy the local cash-and-carry assets of German retail giant Metro Group.

UK: Metro's Schwarze named Makro UK MD

19 July 2011

A Metro Group executive has been appointed as the new managing director of troubled UK cash-and-carry chain Makro.

Talking shop: Should Makro look to Booker for success?

14 June 2011

Metro Group replaced four of the five board members working in its Makro UK cash-and-carry division last week, including managing director Hannes Floto. As the German retail giant works to turnaround the business, industry watchers suggest that Makro's future in the UK may lie with local rival Booker, either looking to the resurgent chain for inspiration or through a sale. Petah Marian reports.

UK: Metro shakes up UK Makro management

13 June 2011

Metro Group has replaced four board members in its Makro UK cash-and-carry operations with consultants amid differences over the wholesaler's strategy.