Relief all around at German discounter Aldi Nord, as heirs of founder Theo Albrecht have agreed on a new ownership structure. The company will be reorganised in the coming months and incorporated into a holding company.
Dispute settled
The lingering family disputes, disagreements and lawsuits that have threatened to paralyse Aldi Nord for years are coming to an end. The heirs have settled their dispute and agreed on a restructuring of the group’s ownership structure, they report in a brief press release.