Strategic review results in sale to enable Swiss retailer to focus on core business

Deal Flash

As part of a strategic review, Migros has divested its DIY business, which included several Do It + Garden and OBI stores in Switzerland, which it had operated as a franchisee. In OBI Group Holding, Migros has found the ideal partner to ensure continuity for both its customers and employees.

Created in 1925 and headquartered in Zurich, Migros is Switzerland’s largest retailer. Operating as a cooperative, the company has a diversified business model, which includes supermarkets, department stores, specialized retail, banking and industrial manufacturing. With nearly 100,000 employees, the group generates annual sales of US$34.9 billion (CHF32 billion).

This transaction enables us to concentrate our resources more effectively on our core business while ensuring that the acquired branches continue to thrive under the leadership of a strong and experienced partner — safeguarding the interests of both our employees and customers. Oaklins played a pivotal role in successfully completing the sale, navigating a competitive sales process with exceptional professionalism and efficiency under tight time constraints. PETER SCHMID, CEO, MIGROS FACHMARKT AG, SWITZERLAND

Oaklins assisted in finding a suitable investor

Oaklins’ team in Switzerland acted as the exclusive M&A advisor to both the sellers and the Migros Group management team throughout the entire sales process.

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Jens Rutten Zurich, Switzerland
Partner
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Oaklins Deal flash Migros Consumer & Retail Apr2025 Download PDF