Questions remain over the future of German discount retailer Plus with owner Tengelmann refusing to be drawn on reports that a deal is imminent.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Over the weekend, there were claims in Germany that Tengelmann, which also owns US retail group A&P, was finalising a deal with local retail group Rewe.


However, a Tengelmann spokesperson said there has been no progress in recent days. “We are having discussions with Rewe but also with other parties. There has been no decision.”


Tengelmann is looking to sell a majority stake in Plus to an outside investor in an attempt to revitalise the business.


Tengelmann has met with officials from Germany’s Federal Cartel Office to discuss its strategy for Plus. The company wants to set up a joint venture to run Plus, while keeping a stake – believed to be 25-30% – in the business.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Officials at Rewe had failed to return requests for comment as just-food went to press.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now