Selgros is a cash and carry chain in Europe, owned by Transgourmet Holding, a wholly owned subsidiary of Coop (Switzerland). It started in 1989 as a joint venture between Rewe Group (50%) and Otto Group (50%). In March 2008, Rewe took over 100% of the company, and in October 2008 formed the Transgourmet Holding company with Coop. In 2011, Coop purchased the remaining interests of Transgourmet, which included Selgros.[1]