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July 27, 2015 10:37 PM 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 with a warehouse and distribution center in Preston, Australia.

Eckenbergstrasse 16

Essen,  45307

Germany

Founded in 1948

Phone:

49 201 85 93 0

Fax:

49 201 8593 319

Key Executives for ALDI Einkauf GmbH & Co. oHG

Managing Director
Managing Director
Managing Director of UK Operations
Compensation as of Fiscal Year 2015.

ALDI Einkauf GmbH & Co. oHG Key Developments

ALDI Announces to Close Store for an Extensive Remodeling Project

The ALDI store at 6300 Brandt Pike (Ohio 201) will shut down after the close of business on June 21, 2015 for an extensive remodeling project. The work will require the store to remain closed for about two months. Plans call for completely reworking the store's interior, upgrading all of its refrigeration systems, enlarging the existing store's sales floor and adding a fifth aisle to the four-aisle store.

Aldi Plans to Open the First of 45 Southern California Stores

Aldi plans to open the first of 45 Southern California stores in March, a move that analysts say could force some competitors to lower prices. That's just the start for company, which has quietly expanded to nearly 1,400 locations in 32 states over the last few decades. The company is building a regional headquarters and distribution center in Moreno Valley to support further expansion in coming years. The company is coming to a region with a growing bounty of food options.

ALDI Einkauf GmbH & Co. oHG Announces Executive Changes

Dan Ronald and Giles Hurley have been appointed as the new general managing directors of Aldi UK and Ireland, following the promotion of Matthew Barnes to the new role of CEO. Both start their new roles on 1 September 2015. Ronald joined Aldi as area manager in 1998 after graduating from Southampton University. He was promoted to store operations director in 2002 then regional MD for Neston in 2006. He took up his current role as MD of the Swindon region in 2010. Hurley joined Aldi Ireland as area manager in 2000 after graduating from Trinity College, Dublin. He was promoted to trading director for Aldi Ireland in 2002, and he was promoted to group buying director for Ireland in 2007. Barnes' new role as CEO will see him bridge the gap between Aldi UK and Ireland and the international Aldi business, though he will remain based in the UK. Roman Heini left the UK on 1 April 2015 to become chairman of the advisory board at Aldi Sud in Germany.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 17, 2015
ALDI Danmark A/S
 

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