Metro
METRO AG is a Frankfurt-listed German wholesaler operating food service distribution targeted at the HoReCa sector (hotels, restaurants, cafes, catering). It is expanding via acquisitions, most recently acquiring UK-based Caterite in August 2024, with a stated goal to lift FSD to 33% of total sales by 2030.
- Company typePublic
- Founded2001
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What Metro does
METRO AG is a German wholesale company publicly listed on the Frankfurt Stock Exchange, operating a food service distribution (FSD) business focused on the HoReCa sector — hotels, restaurants, cafes, and catering operators. The company sells and distributes food products and related supplies to commercial food service customers across European markets, generating revenue primarily through transaction-based sales of physical goods. METRO's primary customer segment is the HoReCa vertical, addressing pain points around supply-chain reliability, delivery logistics, and consistent product quality for commercial kitchens.
The company's go-to-market motion is sales-led, with direct distribution to commercial food service accounts. The acquisition of UK-based Caterite Food & Wineservice in August 2024 added approximately 2,000 customers and £44 million of 2023 revenue to the FSD segment; Caterite operates as a wholly-owned subsidiary with its brand retained. Eric Riegger serves as the company's CFO. The core "product" is wholesale food and beverage supply, delivered through a physical distribution network — there is no disclosed software platform, proprietary technology stack, or digital offering in the source material.
METRO's stated strategic objective is to increase its FSD share of total sales to 33% by 2030, signaling a deliberate mix-shift toward higher-value food service distribution away from other wholesale activities. The Caterite acquisition is the most recent concrete step in this strategy, strengthening the company's UK footprint as a foothold in the British HoReCa channel. Note on data quality: the firmographic record in the input describes "Metro" as a US-based free daily newspaper (founded 2001, 101–250 employees, New York), which conflicts with the leadership record (Eric Riegger is publicly known as METRO AG's CFO) and the operational data (German public wholesaler, FSD franchise, Caterite M&A). This analysis treats METRO AG as the primary subject because the leadership attribution, M&A data, and revenue-model evidence are internally consistent, while the firmographic profile appears to have been sourced from a different similarly-named entity.
Metro firmographics
Firmographics- Name
- Metro
- Legal name
- METRO AG
- Website
- https://metro.us
- Company type
- Public
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- METRO AG is a Frankfurt-listed German wholesaler operating food service distribution targeted at the HoReCa sector (hotels, restaurants, cafes, catering). It is expanding via acquisitions, most recently acquiring UK-based Caterite in August 2024, with a stated goal to lift FSD to 33% of total sales by 2030.
- Ownership category
- akta.pro rank
Metro industry classification
Industry- Product category
- Local Newspaper Publishing
- NAICS
- Newspaper Publishers (513110), Newspaper Publishers (51311)
- SIC
- Newspapers: Publishing Or Publishing & Printing (2711)
- akta.pro primary industry
- Local & Regional Newspapers (Print & Digital) (MPAJADAB)
Keywords
Where Metro is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Metro business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Food Service Distribution: METRO operates as a food service distribution business, delivering food products to the HoReCa (Hotels, Restaurants, Cafes/Catering) sector. The company generates revenue through the sale and distribution of food and related products to commercial customers.
Go-to-market motion1 record
Metro product offering
Product offeringCore offering
Metro publishes and distributes a free daily print newspaper and companion metro-themed local news websites (such as Metro Philadelphia) covering news, crime, politics, transit, business, education, sports, lifestyle, and entertainment. It monetizes this content via print and online advertising, paid email newsletter sponsorships, and limited print or digital subscriptions, with e-Editions extending the print product to digital readers.
Product overview
No product and services information is available in the source data. The sources contain a news article about METRO's acquisition of Caterite Food & Wineservice for UK food service distribution expansion and a local news website (Metro Philadelphia) covering Philadelphia area news, sports, entertainment, and events. Neither source provides structured information about Metro's product portfolio, modules, or service offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Metro Daily Newspaper Free daily print newspaper covering news, crime, politics, transit, business, education, sports, lifestyle, and entertainment, distributed to young professional commuters in U.S. metros.
- E-Editions Digital replica/edition of the Metro print newspaper available online for readers who want the print product in a digital format.
- Email Newsletters Email-delivered newsletters carrying Metro's local news and editorial content to opted-in subscribers.
- Metro Philadelphia Local News Site Metro-themed local news website for the Philadelphia metro covering news, crime, politics, transit, business, education, sports, lifestyle, and entertainment.
- Metro Print Subscription Paid subscription to receive the Metro print newspaper, layered on top of the standard free distribution.
- Metro Advertising Sold advertising placements across Metro's print newspaper, websites, e-Editions, and email newsletters, aimed at local and regional businesses targeting young urban professional readers.
Companies that use Metro
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Metro technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Metro partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Caterite Food & WineservicecoreMETRO acquired Caterite Food & Wineservice in August 2024. Caterite specializes in food delivery to the HoReCa sector (Hotels, Restaurants, Cafes/Catering). The acquisition strengthens METRO's UK food service distribution business, with Caterite serving over 2,000 customers and generating revenue of £44 million in 2023. This strategic acquisition supports METRO's goal to increase FSD share of total sales to 33% by 2030.
Scale indicators3 records
Recent moves3 records
Expansion highlights3 records
Metro competitors and assessment
Company assessmentDirect peers
- amNewYork: amNewYork is the closest direct peer to Metro: a free daily newspaper distributed in New York City targeting commuters and young professionals. Both compete for the same transit-hub audience, the same advertiser base, and the same urban professional demographic, making them head-to-head competitors in NYC.
- PhillyVoice: PhillyVoice is a digital-first local news outlet covering Philadelphia news, sports, food, and entertainment. It directly competes with Metro Philadelphia for the same local reader demographic and the same hyperlocal advertiser base.
- Patch.com: Patch operates a national network of hyperlocal news sites organized by neighborhood, directly parallel to Metro's neighborhood-level coverage strategy (Center City, Northeast, etc.). Patch competes for the same local SMB advertisers seeking geographic targeting in the Philadelphia suburbs and beyond.
- Billy Penn (WHYY): Billy Penn is a Philadelphia-focused local news site covering politics, development, and community news, owned by WHYY. It competes directly with Metro Philadelphia for both local news readers and the same local advertiser pool.
Broad incumbents
- New York Post: The New York Post is a well-established NYC tabloid covering local news, sports, and entertainment with both print and digital distribution. While not a free daily, it competes directly with Metro for NYC commuters, local advertisers, and the same demographic of urban readers.
- The Philadelphia Inquirer: The Philadelphia Inquirer is the dominant regional daily newspaper in Metro's Philadelphia market, covering local news, sports, and politics. It competes with Metro Philadelphia for both readers and the same local SMB advertising base in the Philadelphia DMA.
- 6abc / WPVI-TV: 6abc is the dominant local TV broadcast station in Philadelphia, covering local news, weather, sports, and community events. It competes with Metro Philadelphia for both audiences (especially for breaking news and weather) and local advertising budgets.
- USA Today / Local edition: USA Today operates a national daily newspaper with local editions and a strong digital local news footprint. It competes with Metro for commuters, general-interest readers, and national advertisers seeking scale in local markets.
Emerging players
- Axios Local: Axios Local operates a network of city-focused newsletters and websites (including Axios Philadelphia). It competes with Metro Philadelphia for digital readers, newsletter subscribers, and advertisers seeking efficient local targeting.
Others
- Metro International S.A. (legacy): Metro International is the original global operator of the Metro free daily newspaper brand, headquartered in Sweden. While the US operations have been divested, it shares the same brand DNA, format, and young professional target audience, and represents the historical parent/template for Metro's US editions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Metro social profiles
Digital presenceMetro financial estimates
Financial estimateRevenue estimate
Valuation estimate
Metro leadership team
Management profileNumber of profiles
Profiles1 record
Metro subsidiaries and ownership
Company hierarchySubsidiaries1 record
Metro funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Metro M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Metro
What does Metro do?
Metro publishes and distributes a free daily print newspaper and companion metro-themed local news websites (such as Metro Philadelphia) covering news, crime, politics, transit, business, education, sports, lifestyle, and entertainment. It monetizes this content via print and online advertising, paid email newsletter sponsorships, and limited print or digital subscriptions, with e-Editions extending the print product to digital readers.
Is Metro a public or private company?
Metro is a public company. It is classified as unknown and is currently operating.
When was Metro founded?
Metro was founded in 2001. It employs 101 to 250 people.
Where is Metro based?
Metro is headquartered in New York, United States, in the North America region.
How does Metro make money?
One revenue line is on record: food Service Distribution.
Who are Metro's main competitors?
Direct peers on record are amNewYork, PhillyVoice, Patch.com and Billy Penn (WHYY). Broad incumbents are New York Post, The Philadelphia Inquirer, 6abc / WPVI-TV and USA Today / Local edition. Axios Local is listed as an emerging player. Metro International S.A. (legacy) is listed as an others.
Does Metro have an API?
No public API is recorded for Metro.
What industry is Metro in?
Metro's product category is Local Newspaper Publishing. Its primary akta.pro industry code is MPAJADAB, Local & Regional Newspapers (Print & Digital). Its NAICS code is 513110 and its SIC code is 2711.