On Tuesday 14 September, the Enterprise Court in Antwerp granted the request for protection against creditors and a court-supervised restructuring of Makro Cash & Carry Belgium NV/SA and appointed judicial trustees to supervise this process. Makro Cash & Carry Belgium NV/SA includes both the Makro and Metro cash & carry operations in Belgium. What is striking is that the seemingly closely integrated Metro Delivery Service NV/SA entity is not part of this procedure.
Sligro Food Group had already stated that it sees opportunities in the company’s Metro activities. We have therefore formally registered as an interested party with the court-appointed judicial trustees.
The judicial trustees have started a process to sell all or parts of these activities to interested parties. This process will be completed over the coming months, during which time we will investigate whether and, if so, in what way and under what conditions we can combine Metro activities with those of Sligro Food Group and this way offer prospects to a good part of the Metro employees.
We are unable at this time to make any concrete statements about the possible outcomes of this process.
Veghel, 10 October 2022
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Tel. +31 413 34 35 00
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