Migros-Genossenschafts-Bund

MGB
Limmatstrasse 152
Zürich, ZÜRICH, 8005  Switzerland
+41-442772111
Company Type: Co-operative Society Parent

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The Swiss have a name for diversification: Federation of Migros Cooperatives (Migros or FMC). Apart from Migros' core business of Cooperative Retailing and Commerce (e.g. Denner, Globus), group companies are active in various other business segments. With around 2.2 million members, Migros comprises 10 regional cooperatives that operate supermarkets and hypermarkets under the Migros brand and specialist markets including Do it + Garden, Melectronics, Micasa, SportXX, Interio and OBI. Additionally, it operates department stores, discounters, and convenience stores. It is active in manufacturing and wholesaling through more than 30 companies (about 25 Swiss-based and around 10 abroad) which food and non-food products. Other businesses include banking and hotels. Founded in 1925 by socially conscious consumer rights advocate Gottleib Duttweiler, Migros sells neither alcohol nor tobacco. The company generates majority of its sales from Switzerland.

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Migros-Genossenschafts-Bund

Co-operative Society Parent
Doing Business As
MGB
Website
Address
Limmatstrasse 152
Zürich ​, ZÜRICH, 8005
Switzerland
See other locations
Phone
+41-442772111
Company Description

The Swiss have a name for diversification: Federation of Migros Cooperatives (Migros or FMC). Apart from Migros' core business of Cooperative Retailing and Commerce (e.g. Denner, Globus), group companies are active in various other business segments. With around 2.2 million members, Migros comprises 10 regional cooperatives that operate supermarkets and hypermarkets under the Migros brand and specialist markets including Do it + Garden, Melectronics, Micasa, SportXX, Interio and OBI. Additionally, it operates department stores, discounters, and convenience stores. It is active in manufacturing and wholesaling through more than 30 companies (about 25 Swiss-based and around 10 abroad) which food and non-food products. Other businesses include banking and hotels. Founded in 1925 by socially conscious consumer rights advocate Gottleib Duttweiler, Migros sells neither alcohol nor tobacco. The company generates majority of its sales from Switzerland.

Key Principal
Fabrice Zumbrunnen See more contacts
Industry
Grocery and Related Product Merchant Wholesalers Business, Professional, Labor, Political, and Similar Organizations Other Financial Investment Activities Securities and Commodity Contracts Intermediation and Brokerage Grantmaking and Giving Services Scientific Research and Development Services Groceries and related products, nec Membership organizations, nec Investors, nec Commodity contracts brokers, dealers Trusts, nec Trusts: educational, religious, etc. Noncommercial research organizations Holding companies, nec See all industries
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Financial Statements

Revenue in USD

Annual Revenue 2020
$32.79 billion USD
1 USD = 0.9132 CHF

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Company Snapshot

Essential information for a successful call

  • EMPLOYEES (This Site) 2,500
  • EMPLOYEES (All Sites) 99,155
  • REVENUE (MIL USD) 32,794.6
  • Year Started 1941
  • Incorporated 1941
  • FISCAL YEAR END DEC

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Get in Touch with 28 Principals*

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  • Fabrice Zumbrunnen
    Managing Director and President and Member
  • Ursula Nold
    President
  • Lorenzo Emma
    Vice President
  • Stefano Patrignani
    Member

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