Acquiring Company
Reliance Retail Ventures
Acquired Company
METRO Cash & Carry India
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IndiaRetailE CommerceRetailDescription
Reliance Retail Ventures has completed a 100% acquisition of METRO Cash & Carry India for Rs 2,850 crore. This acquisition enhances Reliance Retail's position in the B2B wholesale segment and expands its supply-chain capabilities. The integration will leverage METRO India's extensive merchant relationships and established store network. The deal received approval from the Competition Commission of India in March 2023.
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Who acquired METRO Cash & Carry India?
METRO Cash & Carry India was acquired by Reliance Retail Ventures, based in Qatar. The deal was reported on September 20, 2026. Reliance Retail Ventures is a subsidiary of Reliance Industries Limited. It operates the retail business for Reliance and aims to expand its retail footprint. Reliance Retail Ventures is privately held and operates in Retail.
When did Reliance Retail Ventures acquire METRO Cash & Carry India?
Reliance Retail Ventures's acquisition of METRO Cash & Carry India was reported on September 20, 2026. Reliance Retail Ventures has completed a 100% acquisition of METRO Cash & Carry India for Rs 2,850 crore. This acquisition enhances Reliance Retail's position in the B2B wholesale segment and expands its supply-chain capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does METRO Cash & Carry India do?
METRO Cash & Carry India is a leading wholesale business that operates the cash-and-carry format in India. The company entered the market in 2003 and has a network of 31 large-format stores. It is privately held, operating in E Commerce, and is based in India.
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