December 09, 2016 5:25 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. It has stores across Ireland; and 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

Chief Executive Officer
Managing Director
Managing Director
General Managing Director of Aldi UK
General Managing Director of Aldi Ireland
Compensation as of Fiscal Year 2016.

ALDI Einkauf GmbH & Co. oHG Key Developments

Aldi to Open its Latest Regional Store in Shrewsbury

Aldi will open its latest regional store in Shrewsbury on October 4, 2016. The 2,500-square-foot store is located at 7369 Watson Road in the Center at Kenrick Plaza, an $11 million development by Midwest Players Investment Fund II LLC, part of K2 Commerical Group. The company bought the property, previously known as "lower Kenrick," last year for an undisclosed sum. The Shrewsbury Board of Aldermen in May approved a special tax district for the development project, which will have 80,000 square feet of retail and office space. The 1% sales tax is expected to raise $2.6 million over 30 years, according to city documents. Aldi has ramped up its store openings, adding 10 locations in the past five years in the St. Louis area. It comes as the grocery-discount chain is investing more than $3 billion to add 650 stores nationwide by 2018 and as more consumers choose discount and limited-assortment stores.

Aldi to Establish New Distribution Center and Regional Headquarters in Dinwiddie County

Aldi announced plans to establish a new distribution center and regional headquarters in Dinwiddie County, Va., near Richmond. The limited assortment discounter would invest $57 million to establish a division headquarters and 500,000-square-foot distribution facility that would support 32 existing stores and 60 new store sites to be built in the state in the coming five years. Virginia successfully competed against North Carolina for the project, which will create 145 new jobs. The greater Richmond area is in the midst of upheaval as both Publix Super Markets and Wegmans Food Markets are establishing new sites in the area and Ahold's Martin's chain is departing.

Aldi to Open Regional Store in Wentzville

Aldi will increase its presence in the metro area in a big way when it opens its store in the region to date at the end of the year at the Wentzville Crossroads shopping plaza. Aldi will build an 18,850-square-foot store at 150 Crossroads South Drive, owned by THF Wentzville Development Four, and will have a 10-year lease. Aldi stores typically are 10,000-11,000 square feet. The shopping plaza also contains a Dierbergs and Schnucks, and a Schnuck Markets Inc.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 15, 2016
ALDI Holding ApS
 

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