German discount retailer Aldi has met its match in Philippine discount grocer Dali, acquiring a minority stake in the fast-growing retailer for an undisclosed sum.<\/p>\n
The investment brings together two retailers built on the hard-discount model, although the companies did not disclose the financial terms of the transaction or provide further details.<\/p>\n
Established in 2020, Dali is known for bringing a European-style hard-discount retail model to the Philippine market. It offers a streamlined range of high-volume FMCG private-label products and household staples at deeply discounted prices.<\/p>\n
The chain operates out of neighborhood-accessible, low-overhead formats and has scaled rapidly to 1300 locations nationwide.<\/p>\n
\u201cDali stays exactly what it has always been: a Filipino-grown business, run by our own people, making our own decisions on the ground,\u201d said the company.<\/p>\n
\u201cWe\u2019ve built something with real momentum, and this investment gives us the runway to bring it to more communities, bring more local suppliers back, and open more doors for Filipinos\u201d<\/p>\n
Aldi is one of the world\u2019s largest discount supermarket operators and has more than 7500 stores across 11 countries, with a limited presence in Asia through about 90 stores in China. <\/p>\n
CFO Marcus Almeling told Insider PH said their investment for Dali is for long-term and plan to further scale the business.<\/p>\n
\u201cDali has built an impressive hard-discount retail business in a short period of time,\u201d he said.<\/p>\n
\u201cThe Philippines is a high-growth market with strong consumer demand for quality groceries at low prices, and Dali is well-positioned to serve that demand at scale.\u201d<\/p>\n
Dali will continue to operate independently under its local management team, which will retain full operational responsibility for the business in the Philippines.<\/p>\n","protected":false},"excerpt":{"rendered":"German discount retailer Aldi has met its match in Philippine discount grocer Dali, acquiring a minority stake in…\n","protected":false},"author":2,"featured_media":86950,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21128],"tags":[21143,7086,21144],"class_list":["post-86949","post","type-post","status-publish","format-standard","has-post-thumbnail","category-aldi","tag-aldi","tag-philippines","tag-sud-nord"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/86949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=86949"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/86949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/86950"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=86949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=86949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=86949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}