GERMANY: Iglo ends supply to German retailer Kaufland | Progresiv

Iglo Group has ended its supply to German retail chain Kaufland, over an ongoing pricing disagreement, reports Wirtschafts Woche. After weeks of negotiations, producers and distributors could reportedly not agree on prices, with both Iglo and Mars deciding to stop supplying Kaufland, which is a sister company of Lidl.

UK-based Iglo - which is owned by Nomad Foods - is one of the most popular food brands among German consumers, but is said to have been struggling with pricing conditions for some time, exacerbated by lower prices offered by discount retailer Aldi - which has forced Kaufland to follow suit. (www.undercurrentnews.com)