Press Releases

METRO GROUP: The launch of two strong companies

12/15/2016

  • New company names published: It is intended that, in the future, the METRO GROUP Wholesale and Food Specialist Company will be called METRO, the METRO GROUP Consumer Electronics Company will be called CECONOMY
  • Two focused, independent companies present their equity stories at the Capital Markets Day
  • After effective date of the demerger, both companies expected to qualify for the MDAX
  • Management teams confirm planned dividend continuity
  • Separation at ratio of 1:1: it is proposed that each shareholder of the former METRO AG will receive one share of the new METRO AG in addition to the METRO (future CECONOMY) share

Düsseldorf, 15 December 2016 – Through its planned demerger, METRO GROUP is
launching two strong, successful and strategically focused companies. For the first time,
the Wholesale and Food Specialist and the company focused on Consumer Electronics
are set to present their strategies as independent entities. At the Capital Markets Day in
Düsseldorf, company names and brand positioning will be presented for the first time: It is
intended that, in the future, the Wholesale and Food Business will operate under the
corporate brand METRO, while the Consumer Electronics division will operate under the
brand CECONOMY.

 

For further information, please see the attached press release.