Press release
30. January 2012
Lekkerland strengthens partnership with Valora
Convenience specialist focuses on core business
Lekkerland Deutschland GmbH & Co. KG and Valora Holding AG are continuing to strengthen their strategic partnership. The objective here is for Lekkerland to supply all the locations belonging to the Valora Group. Valora will also take over the Lekkerland subsidiary company Convenience Concept in which the wholesale company has previously bundled its German retail activities. This includes more than 1,300 locations where shop concepts like CIGO and U-Store have been implemented.
“In future, Lekkerland will continue to focus its competences in the areas of wholesale and category management, logistics and services. The aim will be to continue expanding these areas. We have identified a strong partner in Valora who will support us in pursuing these strategic goals over the long term,” explained Michael Hoffmann, Chief Executive Officer of the Lekkerland Group.
The aim of the companies is for Lekkerland to continue to supply Valora locations alongside the existing sites incorporated in the Convenience Concept. Lekkerland will continue to input its know-how in Category Management and advise Valora on planning the product range. The framework contract with Valora was concluded for a term of five years. “We have already enjoyed an extremely good working relationship with Lekkerland in Germany where Lekkerland has been supplying our shops for a number of years and we are looking forward to intensifying and expanding this partnership. Convenience Concept is a successful and professional company which is an ideal fit with the associated concepts and the franchise shops in our business,” commented Thomas Vollmoeller, Chief Executive Officer of Valora Holding AG.
The contract for the takeover of Convenience Concept GmbH by Valora is subject to approval by the responsible antitrust authorities.
Short profile of Convenience Concept GmbH
As a leading specialist for concepts on small floorspaces in convenience retailing, Convenience Concept GmbH provides franchise and operator concepts for convenience stores, and press outlets and tobacconists throughout Germany. The services provided range from site planning to the store concept, from the product range strategy to operational implementation on the shop floorspace. The company and its partners are now operating more than 1,300 businesses in innercity locations, shopping centres, zones in front of checkouts and at suburban transport sites.
Brief profile of the Lekkerland Group
Lekkerland supplies approximately 130,700 filling station shops, kiosks, convenience stores, fast-food chains, tobacconists, specialist drinks stores, department stores, supermarkets, bakeries and canteens in nine European countries with a full range of confectionery, drinks, snacks, convenience ranges, ice cream, deep-frozen food, fresh products, tobacco goods, prepaid products and non-food articles. In the business year 2010, the company generated sales of 12.2 billion euros with more than 6,200 employees.
Brief profile of Valora
- Valora is an independent retail company selling consumer goods that operates throughout Europe (www.valora.com).
- Valora is active in three business segments which are concentrated exclusively in supplying consumer markets with high sales potential. The focus is clearly on European markets which have developed over the years with the lifestyle of advanced, mobile generations.
Retail Division
Market leader in convenience retailing on small and very small floorspaces, at high-frequency locations, with standardised formats.
Services Division
Market leader in sales of newspapers and magazines at the company’s own sites and retail partners, and wholesale activities (press and goods).
Trade Division
Exclusive representative of Food and Non Food brand articles to the retail trade on large floorspaces.
- Valora Retail has more than 1,600 kiosks, convenience sales outlets and gastronomy businesses in the markets of Switzerland, Germany, Luxembourg and Austria (see overview of sales locations).
- In Switzerland, Valora is the market leader in retailing on small and very small floorspaces at high-frequency locations and with standardised formats. Valora operates under the following brands: k kiosk, avec. Press & Books Caffè Spettacolo
- Valora Retail Germany is the market leader in German station and airport book stores with P&B. The company also operates tobacconists and specialist press outlets primarily in shopping centres and department stores.
Contact
Inga Koenen
Lekkerland AG & Co. KG
Europaallee 57
50226 Frechen, Germany
Tel.: +49 2234 1821 175
email: inga.koenen@lekkerland.com
www.lekkerland.com
Contact
Stefania Misteli
Valora Management AG
Hofackerstrasse 40
4132 Muttenz, Switzerland
Tel.: +41 58 789 12 01
email: stefania.misteli@valora.com
www.valora.com
