METRO AG acquires Aviludo Group, the second largest Food Service Distribution player in Portugal with €152 million sales and more than 13,500 HoReCa customers nationwide, as it was informed in the press release of the company Oct. 19.
The Aviludo Group, with a strong presence in Lisbon and the tourism-oriented south, has expertise in meat processing and stands for consistent quality and service level standards
METRO AG is actively participating in the consolidation in a highly fragmented wholesale market and aims to continue driving sustainable and profitable growth in the Portuguese market
The transaction is subject to regulatory approvals and is expected to close in the first half of calendar year 2021
METRO is a leading international wholesale company with food and non-food assortments that specialises on serving the needs of hotels, restaurants and caterers (HoReCa) as well as independent traders. Around the world, METRO has some 16 million customers who can choose whether to shop in one of the large-format stores, order online and collect their purchases at the store or have them delivered. METRO has been the European sector leader in the Dow Jones Sustainability Index. The company operates in 34 countries and employs more than 100,000 people worldwide.
