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United Kingdom. Key people. Morten Møberg Nielsen (Chief Executive) Owner. Salling Group. Website. netto .co .uk. Netto was a discount supermarket chain in the United Kingdom. Netto arrived in the United Kingdom in December 1990, as part of an internationalisation process by its Danish owner, Salling Group.
- 1990 (original), 2014 (revival)
- Retail
- United Kingdom
- Salling Group
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Does Sainsbury's still sell Netto?
Jun 20, 2014 · Most Netto stores in the UK were sold to Asda. Netto, which announced a new partnership with Sainsbury’s today, exited the UK in May 2010 when it was bought by Asda in a deal worth £778m. The discounter had 193 stores at the time of the surprise purchase, averaging around 8,000 sq ft each. The deal was investigated by the Office of Fair ...
Netto is a chain of discount supermarkets owned by the Dansk Supermarket Group of Denmark. The first Netto store opened for business in Copenhagen, Denmark in 1981. The chain now consists of over one thousand stores in five countries across Europe.
In 2010, Asda acquired Netto UK for £778M from Dansk Supermarked Group. In 2011, 147 of the stores were rebranded under the Asda Supermarket name, with the remaining 47 stores being sold off to other companies such as Morrisons and new convenience store UGO and other retailers due to competition laws.
SupermarketImageFounded/ Came To UkOwned By1990Aldi Süd GmbH20211949TDR Capital (45%) Zuber Issa & Mohsin ...1847Booth Family and staffWelcome to Netto website. Here you will find a wide range of information (opening hours, store locator, this week's latest offers, careers). We are ready to answer your questions. Netto was founded in Denmark in 1981. 2014 Netto returns to the UK.
Nov 6, 2014 · Netto. The stores will play on the nationality of one half of the partnership by offering Danish goods such as Lego. UK supermarket chain Sainsbury's is hoping to take on discount rivals Aldi...