ALDI SÜD

Germany

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About

Aldi, styled as ALDI, is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960 that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in neighbouring Mülheim. In 1962, they introduced the name Aldi. In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. Aldi is the chief competitor of the German discount chain Lidl in several markets. Read more