Coop Group In Switzerland Joins A.R.E.N.A. Following Jumbo Acquisition

Following the announcement of its takeover of the Swiss DIY company Jumbo, the Coop group has become a full member of A.R.E.N.A., an international alliance for negotiation, sourcing and quality management. In addition to Coop, A.R.E.N.A. has 7 other partners: Groupement Les Mousquetaires in France, hagebau in Germany, Gruppo Bricofer in Italy, Baucenter in Russia, Dedeman in Romania, Pevex in Croatia and Maxeda DIY Group in the Benelux. 

ARENA and Coop have confirmed the continuation of the A.R.E.N.A.-Jumbo partnership following the takeover of the latter by Coop. All of the current Coop Bau+Hobby and Jumbo DIY stores will be merged under the brand Jumbo, which will then total over 120 DIY stores. 

The group's over 120 DIY stores will therefore benefit from the negotiation, sourcing and quality services provided by A.R.E.N.A.'s European and Asian teams. 

Andreas Siegmann, Head of Coop Bau+Hobby/Jumbo: "With the merger of Bau+Hobby and Jumbo we consolidate our market leadership in the Swiss DIY market and continue to focus on sustainability, competence and price. We are looking forward to pursuing these values through our partnership with A.R.E.N.A." 

Vincent Maïquès, President of A.R.E.N.A., says: "We are delighted to count Coop among our members. They are a major player in the European retail field, and we are proud to include them in our projects. We are convinced that this partnership will benefit everyone involved.”

About A.R.E.N.A.:

The A.R.E.N.A. Alliance was founded in 2000 and has 8 members: Les Mousquetaires (France), hagebau (Germany), Coop Group (Switzerland), Gruppo Bricofer (Italy), Baucenter (Russia), Dedeman (Romania), Pevex (Croatia), Maxeda DIY Group in Benelux. With more than 4,200 DIY shops across all members countries, the A.R.E.N.A. Allies represent a combined turnover of more than €12 billion.

About Coop Group:

The Coop Group operates in the retail as well as wholesale and production sectors. In the retail sector, Coop operates supermarkets and various specialist formats in Switzerland. In wholesale, the Coop Group operates through Transgourmet. The Coop Group has a history that goes back over 150 years and it has always been structured along cooperative lines. For the Coop Group, the focus is on the customers as well as their over 2.5 million cooperative members. With more than 95,000 employees, the Coop Group generates net sales of approximately CHF 31.9 billion

Source : A.R.E.N.A

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