Company:Migros
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| Type | Anonim Şirket |
|---|---|
| Template:Imkb | |
| Industry | Retail Supermarket |
| Founded | 1954 |
| Headquarters | Istanbul , |
Number of locations | 3,645 (2025) |
Areas served | Turkey |
Key people | Ömer Özgür Tort (General Manager)[1] |
| Revenue |  US$8.51 billion (2024) |
 US$190 million (2024) | |
| Total assets | US$4.34 billion (2024) |
| Total equity | US$1.67 billion (2024) |
| Owner | Anadolu Grubu |
Number of employees | 50,915[2] (2023) |
| Website | migroskurumsal |
Migros Ticaret A.Ş. is a supermarket chain in Turkey.
As of 2025, the company operates a total of 3,645 stores: 3,336 Migros, 210 Macrocenter and 99 Mion in Turkey.[3]
News reports in February 2008 indicated that BC Partners has agreed to buy Migros Türk in Turkey's biggest-ever leveraged buyout. The London-based firm will trade Koc Holding 1.98 billion TL for a 51 percent stake in Migros Türk. Later, BC increased its stake to 98 percent. In 2011, the group sold approximately 20% back to public market investors.[4][5] BC Partners revealed in January 2015 that it would sell its 40.25 percent stake in its supermarket chain Migros to the Turkish conglomerate Anadolu Group for around $2.74 billion.[citation needed]
Brands
5M Migros
Hypermarkets have the widest product selection and are found mostly in Ankara, the Anatolian Tigers and touristic areas of the southwest coast.
Macrocenter
Health food stores have an exclusive product portfolio offering a curated selection of fine foods from around the world, alongside unique traditional Anatolian flavours.
Migros
Supermarkets' logo is similar to an older version of the Swiss Migros logo, but with dotted i.
- M Migros stores sell basic groceries and a limited number of non-food products.
- MM Migros stores offer a wider range of non-food articles besides the basic groceries.
- MMM Migros stores have a larger product spectrum ranging from stationery to textile products, electric household appliances to bakeries, books and cosmetics.
Migros Jet
Mini-markets in neighbourhoods, formed by acquisition of Tansaş resembling its Mini Tansaş line.
Migros Toptan
Wholesale arm, serving the out-of-home consumption sector (HORECA) with six regional offices across Turkey. It offers a wide range of food and non-food products.
Mion
Beauty store that aims to support everyone who wants to take care of themselves by making personal care more accessible and inclusive, promoting well-being as something attainable for all.
History
thumb The Governor of Istanbul Fahrettin Kerim Gökay, together with the Foreign Minister Fethi Çelikbas approached the founder of the Swiss Migros, Gottlieb Duttweiler in 1953, in order to organize a sustainable food supply to the major population centers of Turkey.[6] Migros Turkey was established in 1954 as a joint venture with the Swiss Federation of Migros Cooperatives. Duttweiler and Charles Henri Hochstrasser, the first head of Migros Türk also held considerable percentages.[6] Initially, Migros Turkey operated via sales trucks (like its Swiss counterpart) only later to open storefronts – the first in 1957 at the fish market in Beyoğlu, Istanbul.[7]
In 1981, a central perishables warehouse was opened.
Rapid growth
Migros presented the Bakkalım (literally: My Grocery) store format in the first quarter of 2000, spreading in Istanbul, İzmir and Ankara.
In 2006, а Ramstore was opened in Bishkek, Kyrgyzstan through a Kazakh subsidiary.[8]
It is reported that Migros Turk's market share was 8.6 percent at the end of 2006, compared with 5.3 percent for its second-place competitor.[9]
Ramstores in Sofia, Bulgaria were closed down in 2007.[10]
In September 2007, Migros sold its 50% interest in Ramenka, which operated 53 Ramstores in Russia and other Eastern European countries, for US$542.5m to its venture partner: Enka Holdings (Enka Insaat Sanayi AS). In 2006, that operation accounted for about a fifth of Migros's revenue of US$3.3 billion.[11]
In February 2008, BC Partners Ltd. agreed to acquire Migros Türk TAS, Turkey's largest supermarket chain, for about US$3.2 billion in the country's biggest-ever leveraged buyout, gaining 961 stores in Turkey and nearby countries through the acquisition.[9] In 2009 Migros Türk issued an Initial Public Offering (IPO) at the Istanbul stock exchange.[12]
In 2011, the company sold its stores in Azerbaijan.
As of 2019, Migros Ticaret A.Ş. has 2008 Migros stores in 81 provinces of Turkey, 51 Macrocenter stores in 6 provinces, 44 Ramstore stores in Kazakhstan and North Macedonia.[13]
Controversies
Controversy over animal abuse
Migros is being called out by customers for selling eggs that are sourced from caged and abused hens and refusing to publish a cage-free commitment. The petition asking Migros to abandon cage eggs collected over 130,000 signatures.[14][15]
See also
- Migros
- CarrefourSA
References
- ↑ "Migros Ticaret A.Ş.". http://www.migroskurumsal.com/en/Icerik.aspx?IcerikID=211#.
- ↑ "Organisation and Nature of Operations (page 9)". https://migroskurumsalstr.blob.core.windows.net/migroskurumsaldev/migros-ticaret-a-s-eng-31-12-2023-638464000912956466.pdf.
- ↑ "Our Brands". http://www.migroskurumsal.com/en/Icerik.aspx?IcerikID=183.
- ↑ "Wal-Mart eyes takeover of Turkey's Migros Ticaret". Yahoo Finance UK. 12 December 2012. http://uk.finance.yahoo.com/news/wal-mart-eyes-takeover-turkeys-200347583.html.
- ↑ "Walmart eyes bid for Turkish retailer". Financial Times. http://www.ft.com/intl/cms/s/0/2c35cbf4-4488-11e2-8fd7-00144feabdc0.html#axzz2KQhcbLaW.
- ↑ 6.0 6.1 Hartmann, Heinrich (2020). "Wir wünschen Ihnen mit diesem Türken guten Erfolg". Schwabe Verlag: 47–48. doi:10.24894/2296-6013.00051. https://www.schwabeonline.ch/schwabe-xaveropp/elibrary/media/2E86A222AA24CB91F733C7F58B9CFF35/10_24894_2296-6013_00051_6936.pdf.
- ↑ Mordrelle, Eflamm (26 May 2020). "Hot Corner: Diese Migros gibt Vollgas" (in de). https://www.fuw.ch/article/hot-corner-dress-for-less-zieht-copy/.
- ↑ Lymar, Anton (6 June 2006). "Ramstore supermarket will open in Turkish center of VEFA, being built in the capital of Kyrgyzstan" (in ru). 24.kg. https://24.kg/archive/ru/economics/2688-2006/06/06/2957.html/.
- ↑ 9.0 9.1 "BC Partners to Buy Turkey's Migros for $3.2 Billion (Update4)". Bloomberg. https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aE4tBXPajBOE&refer=uk.
- ↑ Markova, Zornitsa. "Ramstore released all of its stores in Sofia" (in bg). Economedia. http://www.regal.bg/novini/2007/03/16/319519_ramstor_osvobodi_vsichkite_si_magazini_v_sofiia/.
- ↑ Kayakiran, Firat. "Migros Turk, Seeking Buyer, Sells Russian Store Chain". Bloomberg. https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.uDs44J8iYA.
- ↑ Mordrelle, Eflamm (26 May 2020). "Hot Corner: Diese Migros gibt Vollgas" (in de). https://www.fuw.ch/article/hot-corner-dress-for-less-zieht-copy/.
- ↑ "Migros Ticaret A.Ş.". https://www.migroskurumsal.com/userfiles/image/pdf/migros-fr-2018-gk.pdf.
- ↑ "STK'lerden ortak çağrı: Migros eziyete dur de" (in Turkish). https://www.birgun.net/haber/stk-lerden-ortak-cagri-migros-eziyete-dur-de-436486.
- ↑ "STK'lardan ortak çağrı: Migros eziyete dur de - Yeşil Gazete" (in tr). 2023-05-11. https://yesilgazete.org/stklardan-ortak-cagri-migros-eziyete-dur-de/.
External links
Template:Istanbul Stock Exchange companies
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