Selex aims for 22 billion revenue in 2025

An investment plan of about 490 million to build 67 new supermarkets and renovate another 109 shops. This is what the Selex Group has earmarked for next year when turnover will reach 22 billion, while sales will be 21.1 billion this year. The year 2023 was filed with a turnover of 20.2 billion with a growth of 11% over the previous year. As a result, Selex has become the leading large-scale distribution group in Italy, following a consociative model that now counts 18 independent companies of different sizes, ranging from medium to large, many of which exceed EUR 1 billion in turnover and are sometimes close to EUR 3 billion. In addition, the Selex Group is a majority shareholder of the Centrale acquisti Esd, Italy's leading purchasing group with a 23.4% share, which in turn is a member of the Centrale Europea Emd.

Selex celebrates 60 years of activity in the large-scale retail sector this year. The Group, founded in 1964 as Unione Volontaria A&O, has evolved over time to become an example of successful leadership in the national large-scale retail sector thanks to a model of cohesion and collaboration between companies that is among the longest-lived in its sector.

"Celebrating 60 years of history means celebrating the value of the companies and entrepreneurs at the heart of our group. Selex has grown thanks to the ability of these companies to innovate and compete in an extremely complex sector such as large-scale distribution,' says Maniele Tasca, General Manager of the Selex Group. 'Our aim is to continue to invest, in order to meet the challenges of the market with greater efficiency and competitiveness. In the last two years, despite the unfavourable general economic situation, we have been successfully engaged in defending the purchasing power of Italian families. Today we believe there are two most important challenges awaiting us in the coming years: on the one hand, increasing the level of loyalty of our customers in an increasingly competitive context due to the demographic downturn and the multiplication of sales channels and purchasing models, and on the other hand, strengthening our companies by helping them grow in terms of skills, innovation and efficiency, exploiting economies of scale, group synergies and fostering collaborative projects between members".

As far as future prospects are concerned, Alessandro Revello, Chairman of the Group, points out: 'Our strength lies in working together, building common projects, exchanging ideas, combining a sense of belonging with a focus on innovation and the progress of the group and our companies, aware that it is the vision of the whole that is winning in the long term. What the entrepreneurs of 60 years ago conceived and created determines the values that distinguish us and that will represent us in the years to come; this is demonstrated by the new generations who, thanks to an engaging working method, acquire the special and distinctive vision of the Selex entrepreneur. I am convinced that the future can be very successful if we continue to spread this important common culture, the secret that has kept our companies young since the day we were born.