REWE secures takeover of many Feneberg supermarkets in Germany
The supermarket chain Feneberg, operating 72 stores across the Allgäu region, entered self‑administration insolvency on 1 April 2026. REWE Group and the investor consortium LEH‑Allgäu GmbH have presented a plan to take over a substantial portion of those locations, aiming to preserve jobs and local food supply.
REWE chairman Peter Maly said the agreement would give “people on the ground, employees and the whole region a reliable perspective.” The proposal still requires approval from Feneberg’s creditors and clearance from competition authorities. If approved, the stores that remain open will keep the Feneberg and VonHier brands, and existing employment contracts for the roughly 3,000 staff are expected to continue.
The insolvency was triggered by high debt, pension obligations and unprofitable outlets. The takeover would increase REWE’s footprint in southern Germany, altering the competitive landscape among regional chains such as EDEKA, ALDI and LIDL.