End of the brand from Fulda: Tegut had no chance
The Swiss company Migros has decided to sell its unsuccessful subsidiary Tegut, which couldn't compete in the aggressive German grocery market.
Food: Tegut withdraws from Germany
Tegut is withdrawing from the German market, leading to increased concentration among the country's largest supermarket chains.
Edeka Takes Over: End for Tegut
The Swiss cooperative Migros Zürich will sell its German subsidiary Tegut to Edeka, resulting in the eventual dissolution of the Tegut brand.
Edeka Takes Over: The End for Tegut
Edeka is set to acquire the majority of Tegut's supermarkets after Migros Zürich exits the German market, resulting in the brand's closure and affecting approximately 7,400 employees.
Tegut Withdraws from Germany
Tegut is pulling out of Germany, increasing the concentration of the grocery market among four major companies.