ABG Sundal Collier acted as financial advisor to REMA 1000 / Reitan Retail in connection with the acquisition of ALDI Denmark and the majority of its Danish activities

REMA 1000 and ALDI have entered an agreement where REMA 1000 will acquire 114 of ALDI Denmark’s 188 stores. The transaction further includes approx. 1,600 employees, three distribution centers, a truck fleet, and store assets. ALDI will sell or close down the remaining stores sequentially during 2023 as a result of the company’s decision to withdraw from the Danish retail market.
REMA 1000 is the largest grocery banner in Norway and holds a leading position in Denmark. The discount chain is operated through a franchise model and has over 1,000 stores (667 in Norway and 361 in Denmark). REMA 1000 is part of Reitan Retail, a Nordic retail flagship with around 3,850 outlets within discount grocery, convenience, and mobility.
ALDI was the first discount retailer in Denmark and has since 1977 built a portfolio of 188 retail stores and three distribution centers. ALDI Denmark is part of the ALDI Nord Group which has retail activities in nine European markets and comprises an organization of approx. 86,000 employees.
The transaction is subject to merger approval from the Danish Competition and Consumer Authority.