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Dec 22, 2022 · 1x 1.5x 1.8x. Reliance Retail Ventures LTD (RRVL), India’s largest retailer and a subsidiary of Reliance Industries, on Thursday, signed agreements to acquire a 100 per cent equity stake in METRO Cash & Carry India Pvt Ltd, a wholesale food products company, for Rs 2,850 crore. German company METRO AG is an international food wholesaler, and ...
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Update Your Details. METRO Cash & Carry is India's leading business-to-business wholesaler, serving the needs of traders, hotels, restaurants, caterers, offices and institutions.
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METRO Cash & Carry India offers close to 7,000 world-class products across a multitude of categories - such as fruits & vegetables, general grocery, dairy, frozen & bakery products, fish & meat, confectionery, detergents & cleaning supplies, health & beauty products, media & electronics, household goods and apparel - all under one roof, and at transparent, low wholesale prices.
Dec 21, 2022 · 21 December 2022. METRO AG has signed today an agreement to divest METRO India to Reliance Retail Ventures Limited ("RRVL") METRO aims for leading market position in wholesale. Indian operations would fall out of METRO’s sCore growth strategy due to accelerated shift in industry landscape and increasing competition.
Dec 22, 2022 · Reliance Retail is a subsidiary of RRVL, the holding company of all the retail companies under the RIL group. RRVL had reported a consolidated turnover of around Rs 2 lakh crore for the year ended March 31, 2022. Earlier, in August 2020 Reliance announced a Rs 24,713-crore deal to acquire the retail business of the Kishore Biyani-led Future group.
Jun 29, 2022 · Metro AG- About Relative Market Share of Metro Cash and Carry India from FY17 to FY20. Metro AG is a German international specialist in wholesale and food retail which has made its footprints in 34 countries. The headquarters of this company is in Düsseldorf, Germany.
Dec 21, 2022 · India's Reliance Retail Ventures said on Thursday it had agreed to buy German retailer Metro AG's Indian unit for 28.5 billion rupees ($344 million) as it makes aggressive strides in the retail ...
