After 45 years: Aldi sells branches in Denmark

In Denmark, Aldi is a house brand.

After 45 years: Aldi sells branches in Denmark

In Denmark, Aldi is a house brand. The first discounter opened there in 1977. A three-digit number follows. The company is now announcing that it will withdraw from the market. Elsewhere there is "stronger growth". Of the 2800 employees, 1600 can switch to the buyer.

Aldi is withdrawing from Denmark after around 45 years. The discounter announced this together with its competitor Rema 1000, which is taking over 114 of the 188 Danish Aldi branches. An agreement was reached on the takeover, which the Danish competition authorities still have to approve. The remaining Aldi stores will therefore be closed or sold in the course of the coming year.

Around 1,600 of the approximately 2,800 Aldi employees in the country are to be taken over by Rema. This also includes employees of a logistics center and drivers from three Danish logistics centers, as stated in a separate statement from Aldi Nord. For the rest, socially acceptable solutions are to be worked out.

Aldi opened Denmark's first discount store in 1977 and, according to the company, inspired Rema 1000 to open its first store two years later in Trondheim, Norway. The first Danish Rema branch followed in 1994.

After carefully examining activities in all markets, Aldi Nord Group has made the difficult decision to exit the Danish market, Aldi Denmark managing director Finn Tang was quoted as saying in the joint statement.

The statement from Aldi Nord also states that the group of companies will in future concentrate on the other eight European markets, which enable stronger growth and long-term development prospects. The two sides agreed not to disclose the purchase price. Business operations in the stores in Denmark are to be continued for the time being.