Coop
coop eG is a 126-year-old German cooperative in Kiel serving ~70,000 members (cooptimisten) through cooperative shares yielding 3% annual dividends and exclusive discounts across 65+ regional partners spanning retail, mobility, travel, and services.
- Company typePrivate
- Founded1899
- HeadquartersDeutschlandberg, Austria
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Coop does
coop eG is a German eingetragene Genossenschaft (registered cooperative) founded in 1899 and headquartered in Schwentinental/Kiel, operating for 126 years as of 2025 under member-owned democratic governance (Vertreterversammlung). It serves approximately 70,000 individual members (cooptimisten) in Schleswig-Holstein and northern Germany who join by purchasing cooperative shares (€50 per share, up to 200 shares / €10,000) plus a €5 entry fee, receiving annual dividends (currently 3%, distributing ~€2.5M in June 2026 for FY2025) and access to exclusive discounts across a network of more than 65 cooperation partners spanning retail (REWE), mobility (SprottenFlotte, Stena Line, scuddy, Küstenrad), travel and leisure (Adler-Schiffe, Wolff Concerts, Rainer Abicht Elbreederei), health (Lubinus Aktiv, fitnessRAUM), and services (Peuka, Wein & Vinos). Its core technology stack consists of a digital member portal (Mitgliederportal) for membership management, digital coupons and dividend statements, a cooptimistenkarte available as a physical card or in Apple/Google Wallet, an upcoming dedicated mobile app consolidating card and portal functionality, and a new ERP system — alongside standard web analytics (Matomo) and paid media tracking, with no disclosed AI/ML capabilities.
The cooperative monetizes through three primary revenue streams: (1) recurring membership share capital and dividend economics backed by real estate and business participations (Unternehmensbeteiligungen), (2) managed real estate operations encompassing commercial properties (13,000 m² in the forthcoming coop Quartier) and cooperative residential housing (6,400 m² / 100 apartments), and (3) affiliate/referral value from the cooperation partner network, supplemented by transactional discount economics. GTM is community-led: word-of-mouth, member testimonials, partnership cross-promotion, bi-weekly cooptimistennachrichten newsletter, sponsorships (THW Kiel, SHMF music festival, Wolff Concerts), and the new Kieler Volksbank cross-cooperative referral (July 2026) which offers reciprocal share gifts to new joiners. The customer segment is horizontal — German consumers prioritizing fair trade, sustainability, and collective savings — while commercial tenants and residential tenants of coop-immobilien form a secondary mid-market segment. The company maintains no parent, no VC/PE ownership, and is audited by Genoverband e.V. under the German cooperative law framework, with the Zentralverband deutscher Konsumgenossenschaften e.V. as its national umbrella affiliation.
Coop firmographics
Firmographics- Name
- Coop
- Legal name
- coop eG (eingetragene Genossenschaft)
- Website
- https://coop.de
- Company type
- Private
- Founded year
- 1899
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- coop eG is a 126-year-old German cooperative in Kiel serving ~70,000 members (cooptimisten) through cooperative shares yielding 3% annual dividends and exclusive discounts across 65+ regional partners spanning retail, mobility, travel, and services.
- Ownership category
- akta.pro rank
Coop industry classification
Industry- Product category
- Consumer Cooperative / Membership Services
- akta.pro primary industry
- Multi-Stakeholder Grocery Cooperatives (CRAHALAD)
Keywords
Where Coop is headquartered
LocationHeadquarters
- HQ city
- Deutschlandberg
- HQ country
- Austria
- HQ region
- Europe
Offices2 records
Markets served
Coop business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Membership Shares and Dividends: Members purchase cooperative shares (Geschäftsanteile) at 50€ per share (up to 200 shares maximum = 10,000€). The cooperative generates returns through real estate investments, business participations (Unternehmensbeteiligungen), and operations, paying annual dividends to members (currently 3%). Total dividend payout of approximately 2.5 million euros distributed in June 2026.
- Real Estate Operations: Coop develops, manages, and rents both residential and commercial real estate properties. The new coop Quartier in Kiel Sörensenstraße includes 6,400 m² residential and 13,000 m² commercial space. Revenue comes from rental income and property value appreciation.
- Cooperation Partner Commissions: Coop earns value through its network of over 65 cooperation partners who offer exclusive discounts to members. While direct commission structures are not detailed, the partner network drives member acquisition and retention.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Basic Membership - 1 share |
| Subscription | Annual | Standard Membership - Multiple shares |
| Transaction based/ take rate | Pay-as-you-go | Cooperation Partner Discounts |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Coop product offering
Product offeringCore offering
Coop eG is a German consumer cooperative that sells cooperative shares (Genossenschaftsanteile) at €50 each, granting members access to exclusive discounts at 65+ cooperation partners, a 3% annual dividend on shares, and member-exclusive cooperative housing. Its portfolio centers on the cooptimistenkarte membership card, the digital Mitgliederportal, a bi-weekly newsletter, and a real estate division (coopimmobilien) operating residential and commercial properties.
Product overview
Coop (coop eG) is a German cooperative (Genossenschaft) headquartered in Kiel/Schwentinental, operating primarily as a membership-based consumer cooperative with approximately 70,000 members (cooptimisten). Its product portfolio centers on a cooperative membership system built around the cooptimistenkarte (available as a digital card in Apple/Google Wallet or as a printed card), which grants members access to exclusive discounts and benefits through over 65 cooperationspartners across retail, mobility, travel, health, leisure, and services. Members participate through the digital Mitgliederportal (with an upcoming mobile app consolidating the card and portal functions) and receive a bi-weekly newsletter (cooptimistennachrichten). Financial participation is via Genossenschaftsanteile (cooperative shares at 50 € each) earning a 3% annual dividend. A significant secondary business is Coop Immobilien, encompassing commercial real estate (office/practice spaces in the new coop Quartier) and residential cooperative housing. The Unser Norden Stiftung supports regional community projects. The organization operates with democratic governance via a Vertreterversammlung (representatives' assembly) elected by members.
Differentiator
Problem solved
Functional benefit
Brands
- Unser Norden Stiftung: Foundation established by coop and REWE to support cultural and musical projects in the Schleswig-Holstein region, including donations to the Schleswig-Holstein Musik Festival (SHMF).
- cooptimistennachrichten
- coop Quartier
Products and services
- Cooptimistenkarte (Coop Membership Card) Physical or digital membership card (available in Apple Wallet, Google Wallet, or as a printed card) that members present at over 65 cooperation partners to receive exclusive discounts and benefits across retail, mobility, travel, health, and services.
- Coop Mitgliederportal Digital platform where coop members manage their membership, access online vouchers, view dividend statements, read the digital edition of the member magazine coUP, and communicate with the cooperative — fully digital and paperless.
- Cooptimistennachrichten (Coop Newsletter) Bi-weekly email newsletter delivering current offers, tips, and news about Coop's community, new vouchers, discount campaigns, and real estate projects to members and prospects. Separate tracks for members and non-members.
- Coop Genossenschaftsanteile mit Dividende (Cooperative Shares with Dividend) Cooperative shares (Genossenschaftsanteile) priced at €50 per share (up to 200 shares / €10,000 maximum), earning an annual dividend of currently 3%, with approximately €2.5 million distributed to members in June 2026 for fiscal year 2025. Members also gain voting rights in the cooperative.
- Coop Immobilien (Coop Real Estate) Real estate management and leasing for both commercial (office and practice spaces) and residential properties. The new coop Quartier in Kiel adds 100 sustainably-built cooperative apartments (6,400 m² residential) and 13,000 m² commercial space, with completion planned for autumn 2026. Residential apartments are offered exclusively to members.
Quantifiable outcome
- Members can save over 150€ annually on REWE grocery purchases alone, with potential total savings of 500€+ when combining all partner discounts
- +2 more outcomes
Companies that use Coop
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Coop technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Coop partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Kieler VolksbankcoreTwo cooperatives collaborating: Kieler Volksbank became a cooperation partner in July 2026. Kieler Volksbank members receive 50€ gift when joining coop (minimum 2 shares), while coop members receive up to 100€ in cooperative shares plus 2€ account fee discount and up to 288€ cashback on credit cards for new bank accounts.
- REWE Group (REWE Nord GmbH)coreREWE markets offer coop members 2.5% instant discount on every purchase plus 10% rotating category discounts. Participating stores in Schleswig-Holstein, Mecklenburg-Vorpommern, and selected locations in Hamburg, Brandenburg, and Lower Saxony. Partnership co-sponsored the 5,000€ donation to SHMF Singstars project.
- Lubinus AktivminorRehabilitation and therapy center offering coop members 10% discount on massages and free parking. Three locations in Kiel, operated in tradition of 1895 Zander Institute.
- Küstenrad E-Bike StoresminorE-bike retailer with stores in Kiel, Neumünster, Eckernförde, and Brunsbüttel. Coop members receive 100€ helmet as gift when purchasing or leasing an e-bike.
- scuddyminorGerman-made electric mobility vehicles (3-wheel and 4-wheel scooters) made in Kiel. Coop members receive 135€ benefit including free KlickFix basket and ABUS security lock with purchase.
- RAINER ABICHT ElbreedereiminorGermany's largest privately-owned inland shipping company with 31 ships. Coop members receive 30% instant discount on harbor tours and excursions in Hamburg.
- Unser Norden StiftungcoreFoundation co-funded 5,000€ donation to SHMF Singstars children's music project, together with coop eG and REWE. Demonstrates cooperative commitment to community and cultural enrichment in northern Germany.
- Stena LineminorFerry operator from Kiel to Sweden. Coop members receive up to 10% discount on bookings through dedicated coop booking page on stenaline.de.
- PeukaminorParking platform partner (June 2026 Partner of the Month). Offers 15% discount on private parking spots via app and digital parking at public facilities in German cities with minute-accurate billing.
- SprottenFlotteminorBike-sharing system in KielRegion with 700+ bicycles at 130+ stations. Coop members receive 720 free minutes (12 hours) as exclusive benefit.
- Wein & VinosminorEurope's leading specialist for Spanish wines. Coop members receive 10€ discount on first order and 5% on subsequent orders.
- Wolff ConcertsminorLive entertainment promoter on Sylt organizing 200+ events annually. Coop members receive 15% discount on concert tickets including Queen tribute shows, Loriot performances, and Matthias Reim concerts.
- Genoverband e.V.coreCoop's designated audit association (Prüfungsverband) headquartered in Schwerin. Responsible for auditing cooperative governance and financial compliance per German cooperative law.
- Zentralverband deutscher Konsumgenossenschaften e.V.coreNational umbrella organization for German consumer cooperatives based in Hamburg. Coop eG and its subsidiaries are members per §37 of the cooperative charter. Provides guidance on compensation and governance standards.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Coop competitors and assessment
Company assessmentBroad incumbents
- REWE Group: REWE is both Coop's largest anchor discount partner and a broader grocery incumbent operating its own loyalty program (REWE Bonus). It is comparable as a regional/anchor retail player with overlapping consumer base and partnership-driven value proposition in Schleswig-Holstein.
- Migros: Swiss retail cooperative combining member benefits, partner ecosystems, and real estate banking services (Migros Bank). Comparable as a diversified cooperative that monetizes member relationships across grocery, financial services, and adjacent categories — analogous to Coop eG's strategic direction.
- Volksbanken Raiffeisenbanken: Germany's cooperative banking sector (BVR network) shares the Genossenschaft legal form and member-dividend model with Coop eG. The Kieler Volksbank partnership demonstrates direct comparability and cross-cooperative member referral dynamics in northern Germany.
Direct peers
- Coop (Switzerland): Swiss Coop operates a structurally identical retail cooperative model with member dividends (via Supercard points), partner discounts, and large real estate operations. As a sister-name cooperative, it provides the strongest cross-border analog for Coop eG's multi-stream membership-and-real-estate strategy.
- EDEKA: EDEKA is Germany's largest supermarket cooperative, structurally the closest analog to Coop eG as a member-owned German Genossenschaft with regional member benefits. Both operate member-share models and partner-discount ecosystems in northern Germany, often competing for the same consumer cooperative member.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Coop social profiles
Digital presenceCoop financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coop leadership team
Management profileNumber of profiles
Profiles6 records
Coop subsidiaries and ownership
Company hierarchySubsidiaries1 record
Coop funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coop 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 Coop
What does Coop do?
Coop eG is a German consumer cooperative that sells cooperative shares (Genossenschaftsanteile) at €50 each, granting members access to exclusive discounts at 65+ cooperation partners, a 3% annual dividend on shares, and member-exclusive cooperative housing. Its portfolio centers on the cooptimistenkarte membership card, the digital Mitgliederportal, a bi-weekly newsletter, and a real estate division (coopimmobilien) operating residential and commercial properties.
Is Coop a public or private company?
Coop is a private company. It is classified as management employee owned and is currently operating.
When was Coop founded?
Coop was founded in 1899. It employs 11 to 50 people.
Where is Coop based?
Coop is headquartered in Deutschlandberg, Austria, in the Europe region.
How does Coop make money?
Three revenue lines are on record. Membership Shares and Dividends are the primary driver. The others are real Estate Operations and cooperation Partner Commissions.
Who are Coop's main competitors?
Broad incumbents on record are REWE Group, Migros and Volksbanken Raiffeisenbanken. Direct peers are Coop (Switzerland) and EDEKA.
Does Coop have an API?
No public API is recorded for Coop.
What industry is Coop in?
Coop's product category is Consumer Cooperative / Membership Services. Its primary akta.pro industry code is CRAHALAD, Multi-Stakeholder Grocery Cooperatives.