Spar Handels revealed earlier today [Friday] that its North Rhine Westphalia-based KODi Discount chain will be sold to the real estate group Meridian Immobilien & Vermoegensverwaltungs.

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


The sale of the 111 non-food stores is in line with Spar’s restructuring moves, which will see the company focus on its core wholesale and food retail operations.


The financial details of the deal have not yet been disclosed, however Meridian is retaining all of KODI’s employees.

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