REWE Group
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REWE Group - overview
Established
1927
Location
Cologne, -, Germany
Primary Industry
Retail
About
REWE Group is a key player in the retail and tourism sectors in Europe, offering a wide range of products and services across supermarkets, discount stores, and travel solutions. Founded in 1927 in Cologne, Germany, REWE Group operates as a prominent retail and tourism company, focusing on supermarket chains and discount stores. The company has not undergone any significant business pivots or structural changes since its inception. It does not have publicly noted subsidiaries or parent companies.
The leadership comprises multiple CEOs, including Lionel Souque and Annette Corsten, reflecting a collaborative management approach. REWE Group offers an extensive array of products and services that encompass supermarkets, discount stores, home improvement centers, and travel services. The company effectively serves millions of customers across 21 European countries by providing high-quality food products, home improvement supplies, and travel packages, all designed to enhance the shopping experience both in-store and online. With approximately 380,000 employees, REWE Group is committed to responsible business practices and sustainability.
In 2023, REWE Group reported a revenue of EUR 90. 91 bn with an EBITDA of EUR 5. 61 bn. Revenue generation is attributed to its vast network of retail outlets, direct-to-consumer sales, and partnerships with wholesalers, supporting a diverse range of products including fresh produce, groceries, and travel services.
Primary Industry
Retail
Sub Industries
Supermarkets & Grocery Stores, Travel & Tourism
Website
www.rewe-group.com
Total Amount Raised
Subscriber access only
REWE Group - timeline of key events

REWE Group - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 53,393,400,000 | 55,374,300,000 | 68,229,300,000 | - | - | - |
| % Revenue Growth (YoY) | - | 3.7% | 23.2% | - | - | - |
| EBITDA (USD) | 1,837,900,000 | 4,205,800,000 | 15,332,700,000 | - | - | - |
| Operating Income (USD) | 554,700,000 | 909,300,000 | 12,199,000,000 | - | - | - |
| Operating Margin | 1.0% | 1.6% | 17.9% | - | - | - |
| % EBITDA Margin | 3.4% | 7.6% | 22.5% | - | - | - |
| NET Income (USD) | 415,500,000 | 506,900,000 | 415,300,000 | - | - | - |
| % Net Margin | 0.8% | 0.9% | 0.6% | - | - | - |
REWE Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Rellinghauser Straße 245 | - | ||||||||
| N/A | Completed | Am Römerfeld 6 | - |
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REWE Group - employee data

REWE Group - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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