Change of ownership at “Mein Real”

Photo: Johannes Eisele / AFP

The self-service department store chain “Mein Real” returns to the ownership of the financial investor SCP. The takeover has already been approved by the Federal Cartel Office, an SCP spokesman told the German Press Agency on Friday. The approximately 60 former Real branches were only sold to a team of Real managers and the Tischendorf family of entrepreneurs last summer as part of the break-up of the SCP retail chain.

The SCP Group is acquiring the company in the interests of all stakeholders, especially employees, customers and partners, and wants to further advance the business, said a company spokesman. “Mein Real” was “apparently in a precarious situation”, reported the trade journal “Lebensmittel Zeitung”.

The financial investor SCP had acquired the ailing hypermarket chain Real GmbH with its around 270 stores from the retail group Metro in 2020 in order to break it up and sell it on. Kaufland, Edeka and Globus secured a large number of the most attractive branches. In January 2022, SCP then announced the sale of around 60 remaining locations to the entrepreneurial family and the team of Real managers. The sale was completed at the beginning of July. Initially, no statement was available from the company and from Sven Tischendorf.

The Verdi union now sees the new owner as responsible for the employees and their families. “We have the clear expectation that a new management will now do everything so that real employees no longer have to worry about their jobs,” said Verdi State Secretary for Retail NRW, Heino Georg Kaßler. The current practice of paying well below the tariff must finally come to an end.

ttn-12