Master consumer market
| Master consumer market GmbH
|
|
|---|---|
 |
|
| legal form | GmbH |
| founding | 1959 |
| resolution | 1998 |
| Reason for dissolution | Sale to METRO AG |
| Seat |
Amberg , Germany
|
| Branch | Grocery retail |
The Master Hypermarket GmbH was a supermarket chain in Bavaria in 1959 by Louis A. Master in Heritage Village ( Tirschenreuth was founded) in 1978 already to the Metro predecessor German Asko department store AG was sold and German SB-Kauf AG and in 1996 finally in the METRO AG rose. On October 9, 2002 the company was deleted from the commercial register.
history
It all started in 1959, when Ludwig A. Meister converted his mother's grocer's shop into a supermarket over a long weekend in Erbendorf, Upper Palatinate. He got the idea from the USA. At that time there were only a handful of supermarkets in Germany. In the years that followed, the company continued to grow and just a few years later the first Cash + Carry (short: C&C) store was opened.
sale
In 1978 Metro AG's predecessor Asko Deutsche Kaufhaus AG discovered the branch and offered the owner a three-digit million DM amount. Ludwig A. Meister couldn't refuse the offer and sold his company. Asko then founded MHB Handel AG with his partner Deutsche SB-Kauf AG, which also housed the stores of Massa , BLV and Primus. At this point in time, the GmbH already owned 18 hypermarkets throughout Northeast Bavaria. The hypermarkets kept their names. Both Asko and Deutsche SB-Kauf each held a 50% stake in MHB Handel AG. The seat of the MHB AG was Alzey . In the years that followed, additional stores were opened all over Bavaria, e.g. B. in Altötting and Ingolstadt . In 1987 there were already 22 stores. In 1991, some hypermarkets of the BLV brand, which in the meantime also belonged to MHB Handels AG, were taken over, including the BLV market in Neuötting .
resolution
In 1996 it became known that Asko Deutsche Kaufhaus AG , Deutsche SB-Kauf AG and Kaufhof Holding AG wanted to merge into a group under the umbrella of METRO AG . This sealed the largest merger in German corporate history. The merger also resulted in new sales lines, real, - SB-Warenhaus GmbH and extra Consumer markets GmbH . Until 2004 these were still independent subsidiaries of METRO AG. As a result of the new establishment, Meister's hypermarkets were converted into extra markets or real, - markets.
The company Meister Konsumarkt GmbH, which was a subsidiary of MHB Handels AG in Düsseldorf after the takeover of Asko in 1978 , was finally deleted from the commercial register in 2002.
Individual evidence
- ↑ Extract from the commercial register
- ↑ Lothar Schaudig: Entrepreneur from Upper Palatinate builds Caribbean dreams . In: Mittelbayerische Zeitung . January 5, 2007 ( Mittelbayerische.de ).
- ^ Company chronicle of Metro AG
- ↑ Time is of the essence: Otto Beisheim, one-third owner of the Metro retail chain, works as a major buyer for companies. In: Der Spiegel . No. 20 , 1987, pp. 65-70 ( online ).
- ↑ Alt-Neuöttinger Anzeiger. 5th September 2013.
- ^ Company chronicle of Metro AG
- ↑ Extract from the commercial register