About basic
basic is a Retail company based in Munchen (Germany) founded in 1997 by Richard J Muller, Hermann Oswald, Johann Priemeier, and Georg Schweisfurth, and was acquired by Tegut Abc in April 2023. Consumer food products are retailed by the company in Germany. basic offers products and services including Supermarket Services, Online Shop, tegut... Bio, and tegut... Bonus Program. Its focus areas include Food and Agriculture, Food Retailers, Grocery Retailers and Multi Category. Its legal entity is tegut... gute Lebensmittel GmbH & Co. KG.
Company details
The company was founded in 1997 in Munich, Germany, by co-founders Richard J Muller, Hermann Oswald, Johann Priemeier, and Georg Schweisfurth. Operations focus on retailing consumer food products through retail channels. The sector involves distribution of everyday food items to end users. Geographic presence is centered in Germany, with the domain basicbio.de supporting online aspects. Core activities emphasize standard food retail without specialized services noted.
- Headquarters Munchen, Germany
- Founders Richard J Muller, Hermann Oswald, Johann Priemeier, Georg Schweisfurth
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website basicbio.de
- Social LinkedIn X Facebook
- Acquired by Tegut Abc (Apr 2023)
- Legal Name Tegut... Gute Lebensmittel Gmbh & Co. Kg
Products & Services of basic
basic offers a comprehensive portfolio of products and services, including Supermarket Services, Online Shop, tegut... Bio, and tegut... Bonus Program.
Offers in-store grocery shopping with organic and regional products
Platform for ordering groceries with fast delivery options
Line of ecologically produced foods for health and environment
Rewards system for discounts on food and household items
Investors in basic
basic has secured backing from 1 investor. Prominent investors backing the company include tegut.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A supermarket chain focused on quality and organic food is operated. | 1947 | tegut.com | Fulda, Germany |
Investor details for basic
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People of basic
4 people are tracked at basic (4 in leadership).
| Name | Role | Group |
|---|---|---|
Richard J Muller | Co-Founder | Leadership |
Hermann Oswald | Co-Founder | Leadership |
Johann Priemeier | Co-Founder | Leadership |
Georg Schweisfurth | Co-Founder | Leadership |
Complete people profiles for basic
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Timeline of basic
2 dated milestones of basic across 26 years, from founding to its latest funding, stage changes and deals.
- Founded basic is founded.
- Exit Acquired by Tegut Abc.
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Related news about Basic
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Frequently Asked Questions about basic
basic was founded in 1997.
basic is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
The company was founded in 1997 in Munich, Germany, by co-founders Richard J Muller, Hermann Oswald, Johann Priemeier, and Georg Schweisfurth. Operations focus on retailing consumer food products through retail channels. The sector involves distribution of everyday food items to end users. Geographic presence is centered in Germany, with the domain basicbio.de supporting online aspects. Core activities emphasize standard food retail without specialized services noted.
basic offers Supermarket Services, Online Shop, tegut... Bio, and tegut... Bonus Program.
basic has 1 investor. Key investors include tegut.
basic operates through Tegut... Gute Lebensmittel Gmbh & Co. Kg.
Yes. basic was acquired by Tegut Abc in April 2023.