Schwarz Group Insight Deck By Matthias Queck Research Director July 2012 A Service Contents 1. Introduction 2. Major Strategic Initiatives 3. Key Markets 4. Conclusions & Implications 5. Further Reading 2 All data correct at time of publishing. Introduction 3 1 Introduction Corporate Structure Private German grocery retailer Schwarz Group is one of the fastest growing retailers with a presence in 26 European markets. It focuses on two formats operated as completely separate entities: Lidl hard discount stores and Kaufland price-focused hypermarkets & superstores. While Lidl is present in virtually all Western and most Central European markets, Kaufland’s expansion path clearly lies in Central Europe. Schwarz Beteiligungs GmbH Owned by Dieter Schwarz Non-Profit Foundation (99.9%) and Schwarz Unternehmenstreuhand – SUT (0.1%, all voting rights) Lidl Foundation Germany Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark 4 Finland France Greece Hungary Ireland Italy Luxembourg Malta Netherlands Source: Schwarz Group, Planet Retail Poland Portugal Romania Slovakia Slovenia Spain Sweden Switzerland United Kingdom Kaufland Foundation Germany Organisationally and operationally independent competitors Bulgaria Croatia Czech Republic Poland Romania Slovakia 1 Introduction Management Structure Schwarz Unternehmenstreuhand (SUT) Lidl 5 Klaus Gehrig Dieter Schwarz Chairman, CEO Extraordinary Member Kaufland Board of Directors Board of Directors Karl-Heinz Holland, Chairman & CEO Holger Albrecht, Deputy Chairman Christoph Templin, Lidl International Patrick Kaudewitz, Lidl International Gerd Chrzanowski, Central Services Robin Goudsblom, Head of Buying Heinz Andrejewski, Chairman & CEO Frank Lehmann, Deputy Chairman Daniel Kunzi, Administration Richard Lohmiller Jr., Member of the Board Rupert Schädler, Member of the Board Armin Gärtner, Head of International Buying Source: Schwarz Group, Planet Retail