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October 05, 2015 5:34 AM ET

Food and Staples Retailing

Company Overview of ALDI Einkauf GmbH & Co. oHG

Company Overview

ALDI Einkauf GmbH & Co. oHG operates a chain of discount grocery stores. The company's products include food, alcoholic drinks, electrical products, kitchenware, toys, clothing, and flowers. The company was founded in 1948 and is based in Essen, Germany. It has stores across Ireland; and a warehouse and distribution center in Preston, Australia.

Eckenbergstrasse 16

Essen,  45307


Founded in 1948


49 201 85 93 0


49 201 8593 319

Key Executives for ALDI Einkauf GmbH & Co. oHG

Chief Executive Officer
Managing Director
Managing Director
General Managing Director of Aldi UK
General Managing Director of Aldi Ireland
Compensation as of Fiscal Year 2015.

ALDI Einkauf GmbH & Co. oHG Key Developments

Aldi Launches Music Streaming Service in Germany

Aldi has launched a cooperation with Napster to offer its own music streaming service on the German market. Under the name 'Aldi Life Musik', customers have unlimited access to an extensive music library from Napster for EUR 7.99 for 30 days. The Aldi offer is EUR 2 cheaper than Napster itself and the same price as O2 Germany's offer for Napster. The service will include access to around 4,000 radio stations from around the world and some 10,000 audio books in various languages. Aldi Life Musik offers audio streaming at 64 Kbps or 320 Kbps over apps for Android, iOS, Windows Phone and PC/Mac. The service will be offered both by Aldi Nord and Aldi Sud. Aldi is also active as a MVNO under the name Aldi Talk.

ALDI to Open New Outlet at Sydney

ALDI will move further into Sydney, opening a new outlet in what will be called the Oxford Village in Darlinghurst. ALDI has bought the existing Duffy Bros supermarket business, entered into a new 12-year lease, expanded the premises to 1430 square metres, and encouraged the reconfiguration of the entrance to give direct access and visibility from Oxford Street. The supermarket, which will open before the end of 2015, will complement outlets at Edgecliff and Broadway. The centre has a total lettable area of 12,088 square metres and 36 retailers, including the National Australia Bank, Vintage Cellars, Chemist Warehouse, Fitness First and Charles Sturt University.

Aldi Plans to Expand in the United States

Aldi has planed to expand in the United States, with some of that growth targeting markets. Aldi has 15 stores in Greater Cincinnati and about 1,400 nationally. It plans to add another 600 U.S. stores by 2018. It will open many of those in Southern California. It also operates discount Food 4 Less stores in Southern California.

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Recent Private Companies Transactions

Private Placement
April 17, 2015
ALDI Danmark A/S

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