Penny, Rewe Group’s discount chain, is to begin construction of a distribution centre in eastern Germany.


The official construction of the logistics centre will begin on 9 October and is expected to be completed for opening in May 2010, the company told just-food today (5 October).


Rewe has invested EUR30m (US$43.8m) in the 25,000 square metre facility, which will create around 200 jobs.
 
The distribution centre will service around 150 Penny-Market stores.


Rewe last week acquired 39 Sky supermarkets in southwest Germany from cooperative retailer Coop eG for an undisclosed sum.


The acquisition, a bid to claim further market share in Europe’s biggest economy, is designed to strengthen both companies’ positions.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Rewe said it would continue to look for suitable acquisitions as it strives to expand its store network in Germany.