Migros-Genossenschafts-Bund - Company Profile
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Migros-Genossenschafts-Bund (Migros) is a company that operates in various sectors including retail, industry, and financial services. The company's main activities involve cooperative retailing, commerce, industrial production, travel services, and financial services through Migros Bank. Its offerings range from goods and services sold in supermarkets and hypermarkets to financial services such as leasing and real estate management. Notable brands associated with Migros include Tegut Group, Denner, Digitec Galaxus, Ex Libris, Migrol, and Migrolino. Its products and services cater to a wide range of customers across different industries, from everyday consumers to businesses requiring financial services. The company has presence in Switzerland, Germany, the US, Hong Kong, Italy, the UK, the Netherlands, France, China, Japan and Canada. Migros is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Limmatstrasse 152, Zurich, 8031
Website
www.migros.ch
Telephone
41 800 840848
No of Employees
98,776
Industry
Retailing
Revenue (2024)
$36.9B
Migros-Genossenschafts-Bund premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Travel Services | Migros |
| Wholesale | M Budget |
| Fitness Services | Melectronics |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In August, the company sold Hotelplan Group to DERTOUR Group |
| 2025 | Contracts/Agreements | In March, the company entered into an agreement to sell Mibelle Group to Persan. |
| 2025 | Contracts/Agreements | In February, the company entered into an agreement to sell the Interhome Group to HomeToGo SE, a vacation rentals company. |
Competitor Comparison
| Key Parameters | Migros-Genossenschafts-Bund | Tesco Plc | Coop Group | Metro AG | Aldi Einkauf SE & Co oHG |
|---|---|---|---|---|---|
| Headquarters | Switzerland | United Kingdom | Switzerland | Germany | Germany |
| City | Zurich | Welwyn Garden City | Basel | Duesseldorf | Essen |
| State/Province | - | Herefordshire | Basel-Stadt | Nordrhein-Westfalen | Nordrhein-Westfalen |
| No. of Employees | 98,776 | 336,440 | 97,040 | 86,740 | 40,000 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ursula Nold | Chairwoman | Executive Board | 2019 | 57 |
| Anton Chatelan | Vice Chairman | Executive Board | 2021 | 63 |
| Isabelle Zimmermann | Head - Finance Department | Senior Management | 2022 | 52 |
| Rainer Baumann | Head - Operations | Senior Management | 2019 | 47 |
| Matthias Wunderlin | Head - Marketing Department; Deputy Chief Executive Officer- FMC | Senior Management | 2022 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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