Migros Divests DIY Assets to Focus on Core Grocery Business
Deal News | Apr 09, 2025 | Oaklins Cavendish
Migros, a prominent Swiss retailer, has completed a strategic divestment of its DIY business, which consists of several Do It + Garden and OBI stores in Switzerland. This strategic maneuver, advised by Oaklins Cavendish, signifies Migros' intention to refocus on its core grocery retail business. The divestment comes as part of a broader strategic review conducted by Migros to streamline operations and allocate resources towards strengthening its primary market offerings. The decision underscores an industry trend where major retailers increasingly divest non-core segments to enhance focus and operational efficiency in their primary business areas.
Sectors
- Retail
- Corporate Finance
- Mergers and Acquisitions (M&A)
Geography
- Switzerland – The divested DIY stores were located in Switzerland, and Migros is a Swiss-based retailer.
Industry
- Retail – The divestment involves retail operations, specifically DIY and garden stores which were part of Migros' retail business.
- Corporate Finance – The transaction signifies strategic financial restructuring advised by a corporate finance advisor, Oaklins Cavendish.
- Mergers and Acquisitions (M&A) – The article revolves around an M&A activity involving the divestment of assets by Migros.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Migros | Seller | Company | A major Swiss retailer that has decided to divest its DIY business to focus on its core grocery segment. |
| Oaklins Cavendish | Financial Advisor | Company | An advisor on the divestment transaction, providing strategic and financial advisory services to Migros. |