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Denner belongs to Migros-Genossenschafts-Bund through Denner AG. Denner is owned by Migros-Genossenschafts-Bund, headquartered in Switzerland. No. The ultimate owner of Denner, Migros-Genossenschafts-Bund, is headquartered in Switzerland, not in the United States.
Migros is Switzerland's largest retail company, structured as a cooperative with over two million members, operating supermarkets, department stores, and various service industries.
Denner AG
Sources: en.wikipedia.org
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