Nanz group
| Nanz Zentrale Verwaltungs KG
|
|
|---|---|
 |
|
| legal form | KG |
| founding | around 1950 |
| resolution | 1998 |
| Reason for dissolution | Sale to EDEKA |
| Seat |
Stuttgart , Germany
|
| Number of employees | 11,000 (1993) |
| sales | 2.3 billion DM (1993) |
| Branch | Grocery retail |
The NANZ Group was a food chain company from Stuttgart that was founded by Lydia Nanz around 1950. In 1993 the company was sold to AVA AG and in 1998 it was finally incorporated into EDEKA. Nanz Zentrale Verwaltungs KG was deleted from the commercial register on January 28, 2008.
history
After the Second World War , Lydia Drexler-Nanz (* 1919) from Stuttgart founded one of the first self-service shops in Germany. She had the idea for this from the USA and brought it with her to Germany. She built a supermarket out of the small mom and pop shop. Within a few years one of the first branch companies grew out of it. The Nanz supermarkets were born. In 1969 Helmut Nanz joined the family business. He studied business administration in Munich and Nuremberg and was thus able to contribute his knowledge to the company.
expansion
As early as 1980, Hartwig Bronner KG took over six all-stores in the Stuttgart area. In 1984, together with Karl Gaissmaier GmbH & Co. KG from Ulm, the Nanz + Gaissmaier oHG trade union was founded with its headquarters in Stuttgart. The aim of this union was to found a purchasing cooperative in order to further expand the branch network of both companies. But just one year later, Karl Gaissmaier sold all of his shares to the Nanz Group. With the sale, the Gaissmaier administration in Ulm and 22 branches of the company were closed. The remaining branches went to Nanz. With this, the Nanz Group continued to grow vigorously. The takeover added new sales lines to the company, big-Konsumarkt GmbH and big-Discount GmbH . In addition to the Nanz supermarkets and the Preisfux hypermarkets, the big markets were now also part of the Nanz Group.
Crisis / sale
In 1990 the Nanz Group already had 8 sales lines with sales of over DM 2 billion. This drew the attention of other competitors. In 1992, 118 stores were sold to the Schwarz Group ( Lidl ). The works councils of the Nanz branches criticized the plans of the management and demanded an immediate discussion about the future of the company. In 1993, AVA Allgemeine Handelsgesellschaft der Consumer AG showed great interest in the Stuttgart branch company. With success, because in the same year AVA AG took a 59 percent stake in the company. The Nanz Group lost its independence. The Nanz family only held 15 percent of the company, as the rest was sold to the EDEKA Group . But in 1997 heavy losses were offset. The company hardly made any profit. The AVA and EDEKA tried to drive sales up again by restructuring and closing weaker markets. At the same time, they wanted to sell all of the three shareholders' shares to EDEKA Südwest , which should finally bring the company back on track. In 1998 the company was sold to EDEKA Südwest and all stores were converted to the EDEKA network.
On January 28, 2008, the company was deleted from the commercial register.
Sales lines of the Nanz Group
- Nanz (supermarkets)
- EZA (large hypermarkets)
- Preisfux (small to medium-sized hypermarkets)
- BIG (hypermarkets)
- BIG Bau & Hobby (large DIY stores)
- BIG Tech Market (Consumer Electronics)
- 1a Discount (large hypermarkets)
- Current (Discounter)
- Billich (grocery discounter)
Individual evidence
- ↑ a b Own creations: The sleepy Edeka cooperative became a powerful retail group . In: Der Spiegel . No. 36 , 1993, pp. 122-123 ( online ).
- ↑ Extract from the commercial register
- ↑ Augsburger Allgemeine, July 8, 2009.
- ↑ Concentration in retail . 1984, p. 314 ( limited preview in Google Book search).
- ↑ Baden-Württemberg Economic Archives
- ↑ Extract from the brochure "40 Years Lidl".
- ↑ Baden-Württemberg State Archives
- ↑ The Edeka Group is making major changes . In: Der Tagesspiegel . July 1, 1998 ( online [accessed December 9, 2017]).