Markus Foundation

from Wikipedia, the free encyclopedia
Logo of ALDI North
Trader Joe's logo

The Markus Foundation is a family foundation to manage the total assets of Aldi Nord and Trader Joe’s . The foundation was established in 1973 by Theo Albrecht as a foundation under civil law. It is based in Nortorf in the Schleswig-Holstein district of Rendsburg-Eckernförde . The Markus Foundation is with a 100% share in Trader Joe's and with 61% majority shareholder of Aldi-Nord. The remaining 39% are held in equal shares (19.5% each) by the Lukas Foundation and the Jakobus Foundation. These two foundations are owned by members of the Theo Albrecht junior and Babette Albrecht family .

Foundation purpose

The purpose of the foundation is: "to make one-off or ongoing donations to the beneficiaries as well as to maintain, promote and expand the group of companies built by the founder." The foundation holds the entire assets and trademark rights to Aldi Nord. The total assets of Aldi Nord include:

  • the corporate headquarters of Aldi Nord in Essen
  • 70 legally independent Aldi-Nord regional companies in currently 9 European countries
  • the real estate assets of the approx. 5000 Aldi-Nord branches across Europe

Board

The founder's widow, Cäcilie Albrecht (chairwoman) and her son Theo Albrecht junior (vice-chairman) belonged to the board of directors until her death in November 2018. Long-time family lawyer Emil Huber is also a member of the board. The board of directors is the controlling body for the administrative board, which leads Aldi Nord (as of April 2015).

swell

  1. FOCUS Online: For Aldi it can be expensive. Retrieved August 20, 2020 .
  2. ^ Bisnode company database. Retrieved August 20, 2020 .
  3. Aldi-Erbe breaks its silence - The dispute over power and billions. Retrieved August 20, 2020 .
  4. a b Foundation database of the State of Schleswig-Holstein
  5. spiegel.de from July 31, 2010: Aldi discovered the public
  6. Managermagzin photo gallery: Rule of the councils - how the two Aldi empires are organized