CECONOMY AG

CECONOMY AG is a leading European platform for companies in the consumer electronics sector, primarily known for its core brands MediaMarkt and Saturn. The group was formed in 2017 following a demerger from the METRO Group, which separated its wholesale and food business from its electronics retail arm. Headquartered in Düsseldorf, Germany, CECONOMY operates as a holding company for various retail and service brands that dominate the European consumer electronics landscape.

The distribution and manufacturing of the products sold through its banners occur worldwide, with many house brands produced in Asia and Europe, while its physical retail presence is concentrated across several European nations. As a publicly traded entity, CECONOMY is not owned by a single individual but is governed by various institutional and private shareholders, maintaining its legacy as a spin-off from the original METRO AG industrial lineage.