- 18 February 2016
- Transport / Logistics Services
Germany based Metro Group has bought the premium foods supplier Rungis Express. This is to expend its Metro Cash & Carry wholesale operations.
If approved by the EC antitrust commissioners, the Dusseldorf retail group will acquire the German and international business of Rungis Express with its HQ in Meckenheim, as well as its logistics and service activities.
Rungis Express is a company that leads in the field of food service distribution, specifically the direct delivery of premium foods to customers from the hotel, restaurant and catering sector. The company was part of the Cool Chain Group that operates a number of trading and logistics activities.
It is planned that Rungis’ brand and independence will remain after the takeover. The deal also covers the activities of Rungis Express in Austria, Poland, Switzerland, Portugal and Spain, as well as its logistics activities, retail business and HQ in Germany. It will compliment the existing food distribution activities of Metro Cash & Carry.
Pieter C. Boone, Member of the Management Board of METRO AG and CEO of METRO Cash & Carry, said, “The acquisition of RUNGIS express represents an important step for METRO Cash & Carry on its way towards becoming the leading multi-channel food service provider in Germany”
“RUNGIS express offers great expertise and many years of experience in the premium food segment. This collaboration will enable us to drive our expansion in this field in Germany and to further expand our existing food service distribution concept.
“By combining the strengths of both partners, we are developing METRO Cash & Carry Germany into an increasingly important partner and service provider for numerous customers from the hospitality sector who expect competent delivery and advice from a modern wholesale company.”
Rungis Express specialise in supplying fresh and ultrafresh seafood, meat and poultry. The company also works with fruit and vegetables, mise en place and hand made fresh pasta.