Short, concise and matching to the new profile: METRO Wholesale & Food Specialist AG now changed its name to METRO AG.
Short, concise and matching to the new profile: METRO Wholesale & Food Specialist AG now changed its name to METRO AG. The name change was recorded in the Commercial Register on 18 August 2017.
With this move, the group's demerger into two independent public companies has also been completed with regard to the company names. The wholesale business of METRO Cash & Carry, the hypermarkets of Real, the delivery specialists and the digitisation entity HoReCa.digital now all operate under the name of METRO AG while the consumer electronics division with its brands MediaMarkt and Saturn started operating under the name of CECONOMY AG last week.
As an autonomous and independent company, METRO AG focuses more intensively on its core business and can thus act more dynamically – an added value for customers, employees and shareholders and an important step into the future.
The ticker symbol B4B underlines the focus of the new METRO as a partner of independent businesses.
METRO is a leading international specialist in wholesale and food retail. The company operates in 35 countries and employs more than 150,000 people worldwide. In financial year 2015/16, METRO generated sales of around €37 billion. The company provides custom solutions to meet the regional and international needs of its wholesale and retail customers. With its sales brands METRO/MAKRO Cash & Carry and Real as well as delivery services and digitalisation initiatives METRO sets the standards for tomorrow: for customer focus, digital solutions and sustainable business models.