Food and Staples Retailing
Company Overview of Tengelmann Warenhandelsgesellschaft KG
Tengelmann Warenhandelsgesellschaft KG is an international multi-sector retailer in Europe. It operates a supermarket chain in Germany; textile discount and non-food stores that sell products ranging from ladies wear, menswear, children’s clothing, household goods, and gifts to various seasonal products in Europe; and stores that sell items spanning technology and construction, home, and garden in Europe. The company also engages in E-Commerce activities, such as operating online shops that sell garden, DIY, home, household, multimedia, and travel products, as well as products for babies and toddlers; investing in e-commerce and social commerce concepts, marketplaces, and Internet and Web te...
Mulheim an der Ruhr, 45478
Founded in 1867
Key Executives for Tengelmann Warenhandelsgesellschaft KG
Head of Public Relations Department -The Tengelmann Group
Secretary- The Tengelmann Group
Compensation as of Fiscal Year 2014.
Tengelmann Warenhandelsgesellschaft KG Key Developments
Tengelmann Announces to Expand OBI Stores At Russia
Jul 22 14
Tengelmann announced that it plans to expand its chain of OBI stores on the Russian market. There are 22 OBI stores in Russia, seven in Moscow, five in St. Petersburg, two each in Nizhny Novgorod a Yekaterinburg and one each in Kazan, Omsk, Volgograd, Krasnodar, Saratov and Ryazan. The company started working in Russia in 2003, opening its first two stores in Moscow.
Tengelmann To Divest Ten Logistics Centers
Jul 18 14
Tengelmann Warenhandelsgesellschaft KG is looking for a buyer for ten logistics properties in Germany. According to Nai Apollo, the broker commissioned with the sale, seven of the properties are directly owned by Tengelmann, three are held via leasing structures. The total value of the portfolio runs to over €200 million, and a buyer is to be found by the end of the year.
OBI May Acquire Praktiker's Assets
Jul 11 13
OBI GmbH & Co. Deutschland KG may acquire some stores of Praktiker AG (XTRA:PRA) but not the entire company. Karl-Erivan Haub, Head of Tengelmann Warenhandelsgesellschaft KG, said, "We are definitely not going to acquire any DIY chain." Haub added that Obi could be interested in some Praktiker stores, but the acquisition of the whole company was not in consideration.
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