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Home > Company Index > Retail > Grocery Retailing > SPAR Handels-Aktiengesellschaft

SPAR Handels-Aktiengesellschaft
 PROFILE
SPAR Handels-AG takes a bite out of Germany's grocery market by running more than 5,100 grocery and discount stores in Germany. SPAR also wholesales goods to independent retailers (generating about 35% of sales). Store formats include SPAR and SUPERSPAR supermarkets, EUROSPAR superstores, Netto discount grocers, KODI (discounted nonfood goods), and SB Gross Markt wholesale outlets. It has also launched SPAR Express convenience stores (at Agip gas stations) and online food delivery service Einkauf 24. SPAR is 75%-owned by Intercontessa AG, which is majority-owned by France's ITM Entreprises (a consortium of independent merchants that buys and distributes groceries).

 COMPETITION
ALDI Group (dossier)
Edeka Zentrale AG (dossier)
METRO AG (MEO)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 6,735.90
1-Yr. Sales Growth: (29.7)%
Employees: 45,994
Revenue per employee: $146,451.71

 KEY PEOPLE
• Arwed Fischer
    CEO
• Reinhard Prufer
    CFO

 CONTACT INFO
Osterbrooksweg 35-45
D-22867 Schenefeld, Germany
Phone: 49-40-83-94-0
Fax: 49-40-83-94-1585
Online: Web Site

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