Sligro Food Group NV

SLIGR

Equity

ISIN NL0000817179 / Valor 3029618

Euronext - Euronext Amsterdam (2024-12-24)

EUR 11.04+1.66%

Sligro Food Group NV
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About company

Sligro Food Group NV, established on April 17, 1935, by Abel Slippens, has evolved into a prominent player in the foodservice industry in the Netherlands and Belgium. Initially a wholesaler of margarine, fats, and oils, the company has significantly expanded its operations through both organic growth and strategic acquisitions, surpassing market growth rates. Sligro operates a network of 50 outlets across the Netherlands and has made over a hundred acquisitions since the early 1960s, diversifying its product range and services to cater to various sectors including retail and hospitality. Notably, the company ventured into food retail with the acquisition of Prisma Food Retail in 2001 and further solidified its market presence by acquiring EMTÉ Supermarkets in 2002. Sligro's strategic acquisitions continued with the addition of foodservice wholesaler VEN in 2004 and the Belgian JAVA Foodservice in 2016, among others, aiming to strengthen its position in the foodservice market. In 2018, Sligro decided to focus more on its core foodservice business, selling the EMTÉ supermarkets. The acquisition of nine Metro wholesalers in Belgium in 2022 marked a significant step towards establishing a national network for food professionals in Belgium, showcasing Sligro's ambition to be a leading foodservice provider in the region.

Summarized from source with an LLMView SourceSector: Consumer Services

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-30.1%1Y

-46.3%3Y

-53.0%5Y

Performance

19.2%1Y

25.7%3Y

32.8%5Y

Volatility