Schwarz Gruppe [SEP] named after
Schwarz Gruppe
Schwarz Gruppe is a private family-owned German retail group that owns and operates the Lidl and Kaufland brands. It is the fourth-largest retailer in the world by revenue.
Corporate.
Headquartered in Neckarsulm, Germany, Schwarz Gruppe achieved a turnover of €104.3 billion in the fiscal year 2018/2019. The Schwarz Gruppe is owned by the Dieter Schwarz Foundation GmbH (99.9% of the shares) and the Schwarz Gruppe Industrietreuhand KG (0.1% of the shares); the latter holds 100% of
the voting rights.
The Schwarz Gruppe operated over 11,800 in 2018 (around 10,500 Lidl branches worldwide, of which 3,200 in Germany, and around 1,300 Kaufland branches, of which 660 in Germany), operating across 30 countries. Schwarz Gruppe expanded its business to Australia, Lithuania in 2016, Serbia and the US in 2017, Russia in 2020. Online sales are operated via Schwarz Gruppe E-Commerce, a sister company of Lidl. In the ranking the 500 largest family-owned German businesses, WirtschaftsBlatt ranks the Schwarz