Rewe is to take action to protect itself from potential takeovers, the company’s supervisory board head, Bert Zander, was reported saying today.


According to German newspaper Handelsblatt, the retail giant is considering the steps following the declined billion euro bid of rival retailer Edeka and US private equity firms Kohlberg Kravis Roberts (KKR).


Yesterday, Rewe moved to quash speculation it is looking to sell off some of its business units.


A spokesperson was quoted by the news agency Reuters saying: “We are not in any talks to sell anything but rather to buy companies.” He added that the company was on an expansion path.


According to German reports, Edeka and KKR had intended to break the group into smaller units. KKR was thought to be interested in Rewe’s tourism business as well as in the Austrian supermarket chain Billa. Edeka, was keen to acquire Rewe’s wholesale chain encompassing 3,000 supermarkets in Germany.

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

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now