upcoming events

Jul 2019
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Survey

1. What do you consider the largest Risk for your company?

2. What are the Risk Mitigation Strategies you apply?

Submit

Galleries

This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

CAREER OPPORTUNITIES

PURCHASING MANAGER - DETMOLD PACKAGING

Involved in carry out, application and maintenance of the company processing system.

FAR EAST PLANNING MANAGER - WAHL VIETNAM CO.,LTD

Manage business relationship with co-workers, stakeholders, suppliers and customers

PROCESS DELEGATE SPECIALIST - BOSCH VN

The Bosch Group is a leading global supplier of technology and services, in the areas of automotive and industrial technology, consumer goods as well as building technology. 

TCC Holding buys Metro Vietnam

2016-01-11 09:51:28

Share with friends
Thailand-based TCC Holdings subsidiary TCC Land International has acquired Metro Group’s wholesale operations in Vietnam for US$716.08m.
 
The sale of the German retailer’s Vietnamese Metro Cash & Carry stores, which includes 19 wholesale stores, will see a cash inflow of around US$437.30m, according to a company statement released 7 January.
 
“We are convinced that this transaction will create long-term value for both groups,” Metro chairman Olaf Koch said. “We are confident that the success story of Metro Cash & Carry Vietnam will continue under the experienced hands of TCC and that their extensive businesses in the region will support its further growth.
 
“Asia will remain an important growth region for Metro Group and we will continue to invest there in the further development of the Metro Cash & Carry business.”
 
Metro Group opened its first Cash & Carry wholesale business in Vietnam in 2002, and generated sales of US$706.08m in Vietnam in FY2014/15.
 
Source: fruitnet.