Migros Ticaret, formerly known as Moonlight Perakendecilik ve Ticaret Anonim Pirketi, was founded in 1954, originally as a sourcing point for Swiss Migros Coop. It is listed on the Istanbul Stock Exchange and is traded as MGROS.
In 1971, after they began to open stores in Turkey, the KOC Group took control of the company.
In 2007, BC Partners Ltd, an equity firm, acquired 50.8% of Migros Tuk’s and eventually took 97.9% control. The group is now a subsidiary of MH Perakendecilik ve Ticaret A.Þ. Turkey.
They operate 745 stores, 717 of them in Turkey under six formats and 28 Ramstore supermarkets/hypermarkets in Kazakhstan (23) and Macedonia (5).
In Turkey, the company operates 511 Migro supermarkets and hypermarkets (262 M basic stores, 190 MM wider selection and 59 MMM large selection outlets), 177 Tansas neighborhood supermarkets, 16 ‘5M’ hyper discount stores and 13 Macrocenter stores (featuring gourmet foods).
Migros Ticaret also operates shopping centers and a food wholesale business for institutional/foodservice customers.