Obi Group acquires Migros stores

The Obi Group is acquiring the ten existing Obi stores in Switzerland that Migros previously operated under a franchising system, plus a Migros Obi store still under construction in Agno (TI) and two large Do it + Garden stores in Carouge (GE) and Nyon (VD). Obi will continue to run the stores itself. “The sales negotiations have been successfully concluded,” the two retailers announced. The two Do it + Garden locations, with their very large sales areas, fulfill the ideal conditions for an Obi store, the retailer emphasizes. The total of 576 employees and 61 trainees will continue to be employed, according to Obi.

The Obi stores will be handed over on April 1, the store in Agno on May 2, 2025, and the two Do it + Garden stores will follow on July 1, 2025.

“Our vision is to become the first point of contact for our customers in the Home & Garden sector throughout Europe - and…