Clear-cutting at Migros - also in the sports sector
The subsidiaries Hoteplan and Mibelle are affected by the spin-off from the Migros universe; these would have a better chance of success with new owners, according to numerous Swiss daily newspapers.
Sale processes are to be launched for the specialist stores SportX and Meletronics. The Migros companies Bike World, Do it + Garden, Micasa and Obi are also on the test bench for a possible sale.
Migros has experience in carving out subsidiaries. For example, the e-bike offshoot Mway was transferred to Swiss E-Mobility Group AG in 2019.
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