View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
September 9, 2013

GERMANY: Buying alliance Coopernic collapses

European buying partnership Coopernic has come to an end after "irreconcilable differences" between four members and a fifth, the French retail giant E. Leclerc.

By Dean Best

European buying partnership Coopernic has come to an end after “irreconcilable differences” between four members and a fifth, the French retail giant E. Leclerc.

Belgiuan retailer Colruyt, Italy’s Conad, Swiss grocer Coop and German retailer Rewe are to form their own alliance after disagreement with Leclerc over the future direction of Coopernic.

“Colruyt, Conad, Coop and Rewe Group separated from E. Leclerc because of irreconcilable differences regarding the shape and strategic development of the alliance in the future,” Rewe said. “The start-up linking these four partners is subject to approval from the respective national antitrust authorities.”

Rewe added: “All business operations, contracts and rights and obligations deriving from Coopernic will remain unchanged and continue in full swing until 31 December 2013.”

Related Companies

Topics in this article: , , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food