Makro Company Profile

Aggregated data from the web about Makro

Company Name	Makro
Website	Metro AG siteSHV siteMakro UKMakro AmericaMakro Venezuela
Snippet	Makro is an international brand of Warehouse clubs, also called cash and carries. Ownership of the worldwide chain of stores is split between two companies: Metro AG in Europe and SHV Holdings in Latin America. SHV opened the first Makro in Amsterdam in 1968. In the following years more stores opened in the Netherlands and several other European countries and, in 1971, South Africa.[1] In the 1970s and 1980s Makro extended its business to the Americas and Asia. Makro had also expanded to the United States in the mid-1980s. In 1989, Kmart bought the US locations,[2] and converted most of them to Pace Warehouse in 1990. The Asian stores were also eventually sold out to various firms and are no longer banded "Makro". In 1998, owner SHV Holdings sold the Makro stores in Europe to Metro AG.
Type	Subsidiary
Parent	Metro AG, SHV Holdings
Website	Metro AG siteSHV siteMakro UKMakro AmericaMakro Venezuela
Industry	Cash and carry
Headquarters	Düsseldorf (Metro AG), Utrecht (SHV)

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