July 25, 2014 3:15 PM ET

Food and Staples Retailing

Company Overview of Tengelmann Warenhandelsgesellschaft KG

Company Overview

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...

Wissollstrasse 5-43

Mulheim an der Ruhr,  45478

Germany

Founded in 1867

Phone:

49 208 5806 0

Fax:

49 0208 5806 64 01

Key Executives for Tengelmann Warenhandelsgesellschaft KG

Managing Partner
Age: 82
Managing Director
Age: 50
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

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

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

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.

Similar Private Companies By Industry

Company Name Region
EDEKA Chiemgau eG & Co. Vertriebs KG Europe
OKAY Handelsgesellschaft mbH Europe
UTA Pharma Beteiligungs Gmbh Europe
Atlantic Chemicals Trading GmbH Europe
BIO COMPANY GmbH Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 5, 2013
TraDeers e-commerce GmbH
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tengelmann Warenhandelsgesellschaft KG, please visit tengelmann.de. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.