Migros Divests DIY Business to Focus on Core Operations
Deal News | Apr 09, 2025 | Oaklins Cavendish
Migros, a leading Swiss retailer, has successfully divested its Do It + Garden and OBI stores in Switzerland as a result of a strategic review. This move is aimed at allowing Migros to concentrate on its core business areas. The transaction was advised by Oaklins Cavendish, which played a pivotal role in facilitating the sale. This divestment reflects Migros' intention to streamline operations and enhance efficiency within its primary sectors.
Sectors
- Retail
- Mergers and Acquisitions
Geography
- Switzerland – Migros' DIY business operations and the involved stores are located in Switzerland.
Industry
- Retail – The article involves Migros, a prominent Swiss retailer, divesting its non-core DIY operations.
- Mergers and Acquisitions – The article discusses a transaction involving the sale of Migros' DIY business units.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Migros | Target Company | Company | A major Swiss retailer that has divested its DIY operations to focus on its core business. |
| Oaklins Cavendish | Financial Advisor | Company | A financial advisory firm that advised Migros on the sale of its DIY business. |