Migros reaches agreement with Tante Enso on the sale of further Tegut stores

The locations affected are in Thuringia, Hesse and Bavaria. They are to be gradually transferred to the hybrid Tante Enso concept once the transaction has been completed. The transaction is still subject to approval by the German competition authorities.

"The employees have operated these markets with great commitment and Tante Enso will give them a perspective for their future," said Thomas Gutberlet, Managing Director and shareholder of Tante Enso. He was Managing Director of Tegut until 2024.

With the sale, Migros is implementing its withdrawal from the German retail trade. In March, the Zurich-based Migros cooperative pulled the ripcord on its loss-making subsidiary Tegut, which employs around 7500 people, and announced its intention to sell around 340 stores. The withdrawal cost Migros Zurich around 270 million euros in 2025 alone. Overall, the losses since the takeover of Tegut in 2013 are likely to amount to a maximum of 600 million euros until the sale.

In addition to Tante Enso, other retailers have also shown interest in Tegut stores: Germany's largest food retailer Edeka wants to take over a large proportion of the stores, while competitor Rewe would also like to acquire locations. Aldi Nord is also examining individual takeovers.

Migros has not yet reached its goal: further negotiations on the sale of stores are still ongoing, a spokeswoman for Migros Zurich told the news agency AWP on Monday. It remains unclear how many locations will continue to operate in the long term as part of the ongoing sales process.

Tante Enso currently operates almost 90 largely automated small stores in Germany, mainly in structurally weak regions. They combine mini supermarkets that are accessible around the clock with temporarily staffed sales phases. The company relies on a cooperative model with local participation by the population.