Migros is looking for buyers for 24 Tegut stores

Context

In brief

• Edeka will take over 178 of the 202 Tegut stores
• 24 stores remain to be assigned to other buyers
• The package includes 41 Teo automated stores
• The Fulda headquarters will close at the end of March 2027

Key facts

• Transaction approved → Edeka takes over 178 stores
• Initial plan → 202 Tegut stores
• Excluded stores → 24
• Included operations → 41 Teo stores, Herzberger bakery and logistics center
• Regional markets examined → 34
• Ownership → Migros Zurich since 2013
• Tegut employees → approximately 7'400
• Headquarters closure → end of March 2027

The German decision reshapes Migros's exit

ZURICH - Migros will have to find new buyers for 24 Tegut supermarkets in Germany. The German antitrust office has authorized Edeka to take over 178 of the 202 stores initially planned. The 24 excluded stores remain outside the transaction for competition-related reasons.

The approved package also includes 41 Teo automated stores, the Herzberger bakery and a logistics center. The sale therefore does not concern only the traditional supermarket network: these elements are part of the scope Edeka may take over.

Other buyers will be sought for the remaining stores, a spokesperson for the Migros Zurich cooperative explained to the AWP news agency. Migros welcomed the green light and says that its exit from the German food retail market is proceeding according to plan.

Why the transaction was reduced

The German antitrust authority had been examining the transactions since March. According to the authority, the acquisition originally envisaged would have significantly hindered competition in 34 regional markets in Hesse, Thuringia, northern Bavaria and Baden-Württemberg. In nine of these markets, Edeka would also have established or strengthened a dominant position.

The assessment takes place in a highly concentrated German retail market. In 2025, Edeka, Rewe, the Schwarz Group, owner of Lidl and Kaufland, and Aldi accounted for more than 90% of total sales. Edeka was the largest operator, with a share of approximately 30%.

Tegut has belonged to Migros Zurich since 2013 and employs approximately 7'400 people. The closure of the Fulda headquarters is planned for the end of March 2027. Operations that are not transferred to a buyer will be liquidated as part of reconciliation-of-interests agreements and social plans.

In mid-March, Migros Zurich had announced its departure from the German market after 14 years, indicating an estimated maximum loss of 600 million euros. Approval of the Edeka transaction defines part of the exit, while the process for the 24 excluded stores remains to be completed.

Operational details

The before-and-after comparison

The practical effect of the decision is the separation of the original project. Edeka no longer acquires the entire scope initially planned: the approval concerns 178 supermarkets, while 24 must be assigned to other buyers. For the Swiss reader, this is the point to follow in subsequent updates, because the sale does not yet have a single outcome.

What the decision actually measures

The table distinguishes the number of stores from the content of the package. The 41 Teo, the bakery and the logistics center remain within the approved scope; for this reason, the decision cannot be read solely as a reduction in the count of supermarkets. The source does not indicate whether the other buyers have already been identified or when the divestitures of the 24 stores will be completed.

The reference to the 34 markets and the nine cases in which a dominant position would have been created or strengthened explains why the authority separated part of the transaction. The issue examined is regional and competitive. The source, however, does not provide data on prices, consumers or purchasing conditions in Switzerland.

For Migros Zurich, the corporate fact remains the exit from the German market and the maximum estimated loss. The text does not quantify effects on Swiss stores, wages or taxes; it therefore does not allow the decision to be turned into a forecast for these items. The approximately 7'400 employees also refer to Tegut as a whole: the source does not specify how many are connected to the 24 stores or the headquarters in Fulda.

Anyone who wants to keep the company news separate from their own balance sheet can consult the costo della vita in Svizzera.

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Key points

A checklist for updates

To follow the dossier from Switzerland, it is advisable to keep a simple record, distinguishing the number of points of sale, the indicated buyer, the activities included and the deadlines mentioned. This procedure helps avoid confusing the partial authorization with the original project.

Five operational steps

1. Verify the scope. When a new update appears, check whether it concerns the 178 supermarkets authorized for Edeka or the 24 points of sale for which Migros still has to find buyers. These are two different paths and must be kept separate.

2. Check the ancillary elements. Information about Tegut may also concern the 41 automated Teo points of sale, the Herzberger bakery or the logistics center. Noting which activity is mentioned avoids automatically attributing every development to the supermarket network.

3. Note the headquarters deadline. The date indicated by the source is the end of March 2027 and concerns Fulda. Subsequent updates must be distinguished from the liquidation of activities that will not pass to a buyer.

4. Read the employment figure precisely. The total of approximately 7'400 people concerns Tegut. The source refers to agreements on reconciliation of interests and social plans, but does not quantify the number of positions involved. For separate research on the Swiss labor market, annunci di lavoro can be consulted.

5. Keep corporate news separate from personal assessments. The text describes the exit of Migros Zurich from Germany and the estimated maximum loss, but does not offer a tax or salary procedure for someone living in Switzerland. To turn the reading into a personal income check, use calcolatore stipendio.

Source: tio.ch