Feuding Billionaire Aldi Heirs Put Long-Running Dispute to Rest

Lock
This article is for subscribers only.

One of Germany’s longest-running family feuds has finally been put to rest.

The heirs of Theo Albrecht, who helped build the Aldi supermarket empire with cut-price groceries and an array of specials from plants to pajamas, have agreed to reorganize the Aldi Nord group under one holding foundation, according to a statement late on Monday. The new entity will be held in equal part by the families of Theo’s son, Theo Jr., and his late brother, Berthold Albrecht.