The German discount supermarket chains Lidl and Aldi are both owned by holding companies controlled by the same family. The companies are Aldi Nord, which owns Aldi Nord, and the other is Aldi Sud, which owns the Lidl chain. Both companies are based in Germany.
The Albrecht family controls both companies through a series of trusts. The Albrecht brothers, Karl and Theo, founded the two chains in 1946. Theo Albrecht took control of Aldi Nord after their mother’s death in 1960, while Karl Albrecht took control of Aldi Sud.
In 1972, Theo Albrecht bought the German grocery chain Trachtenberg from Jürgen Schmiedel. This gave him a controlling interest in Aldi Nord, which he expanded into other countries in the following years.
In 1979, Karl Albrecht bought out his brother’s share of Aldi Sud and expanded the company into other countries as well.
The two companies are now run by different members of the Albrecht family. Peter Albrecht is the chairman of Aldi Nord, while Markus Mosa is the CEO of Aldi Sud.
who are Lidl and Aldi owned by?
Lidl and Aldi are both owned by holding companies controlled by the same family, the Albrechts. Both brothers Karl and Theo Albrecht founded the two chains in 1946, with Theo taking control of Aldi Nord and Karl taking control of ALdi Sud.
In 1972, Theo Albrecht bought the German grocery chain Trachtenberg from Jürgen Schmiedel. In 1979, Karl Albrecht bought out his brother’s share of Aldi Sud and expanded the company into other countries as well. Peter Albrecht is the chairman of Aldi Nord, while Markus Mosa is the CEO of Aldi Sud.
Lidl and ALdi are both German discount supermarket chains that are owned by holding companies controlled by the same family – TheAlbrechts. TheAlbrecht brothers – KarlandTheo – foundedthetwochainsin1946 withKarlcontrollingALdisudandTheocontrollingAldinordafter theirmother’sdeathin1960.In1972Theoboughtthe GermangrocerychainTrachtenbergfromJürgenSchmiedel givinghimacontrollinginterestinAldinordwhich heexpandedintoothercountriesinthefollowingyears whileKarlboughtout hisbrother’sshareofALdisudandalsosubsequentlyexpandedthe companyintoothercountries.
Thetwochainsarenowrunbydifferent membersoftheAlbrechtfamilywithPeterAlbrechtasthechairmanofAldinordand MarkusMosaastheCEOofALdisud.
