Substantial investment in an efficient logistics concept
Investing in the future of wholesale and retail
As one of Germany's leading food retailers, the EDEKA Group is one of the country's most successful business initiatives: its cooperative business model is characterized by a network of around 3,700 independent merchants organized into seven regional cooperatives. With over 400,000 employees, EDEKA is also one of Germany's largest employers. The EDEKA headquarters in Hamburg coordinates the overall strategy, while the cooperatives operate regionally.
EDEKA Nordbayern-Sachsen-Thüringen (EDEKA NST) is one of the regional cooperatives within the EDEKA Group. It is headquartered in Rottendorf, Bavaria, and supplies around 840 retail stores in Franconia, the Upper Palatinate, Saxony, Thuringia, and northern Baden-Württemberg. EDEKA NST, the largest local food supplier in the region, generated consolidated sales of €4.78 billion in 2024.
An efficient logistics concept is an indispensable prerequisite for the reliable supply of fresh goods to regional retail markets. The continuously strong sales and volume growth of recent years has increasingly pushed the EDEKA NST group to its capacity limits. Between 2021 and 2025, a record amount of around €1.4 billion will therefore be invested in wholesale and retail trade as well as in production and education infrastructure. This represents the largest investment in the future in EDEKA NST's history as a cooperative.
The close personal support gave us a very good feeling for when the best time for successful marketing would be.
For several years now, EDEKA NST's growth trajectory has been supported by DZ BANK, which also acts as a financing partner for strategic exchange. In recent years, various financing components have been used, always geared toward what was most effective for the company in the current market environment. In addition to various structured syndicated financing arrangements, some of which involved the use of subsidies, EDEKA NST also decided to issue a promissory note loan for the first time in 2025. All projects were successfully implemented under the leadership of DZ BANK.
“We greatly appreciate DZ BANK's close and cooperative support and its comprehensive market knowledge in the areas of structured financing, subsidy programs, and debt capital markets, which are important to us,” says Dieter Försch, Head of Accounting/Finance at EDEKA NST. "Following the successful completion of our SSD transaction, we can say that DZ BANK assessed the market and the enforceable conditions very well. The close personal support gave us a very good feeling for when the best time for successful marketing would be. In the end, we were able to attract over 50 investors – many of them from our sales region – and exceed our issue target, which we are more than satisfied with."