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Sep 23, 2021 · 23.09.2021. The German trading group Tengelmann, parent company of Germany's DIY market leader Obi, is relocating its corporate headquarters from Mülheim an der Ruhr to Munich, the company has announced. It explains that the relocation is a part of a reorientation of the parent company as strategic holding which started more than two years ago.
In 1985 the Tengelmann Group acquired a majority stake in Obi. The share was increased in 2007 by buying the shares of the Lux founding family. Obi has been present in Switzerland since 1999, in partnership with the Migros cooperative.
Business can do better, can be better – for human and planetary wellbeing. With a history of 150 years as a family-owned business, Tengelmann began early to operate fairly, ecologically responsibly and with a long-term focus due to the personal conviction of its shareholders.
Tengelmann Twenty-One KG is the Munich-based Holding of the Tengelmann Group, a family-owned company established in 1867. We see ourselves as an active entrepreneurial family investor currently holding shares in more than 50 companies in Europe and North America. Read more.
Jul 12, 2019 · The Tengelmann Group, which includes the German DIY market leader Obi, is realigning its holding as previously announced and closing down the operational business of the previous holding company (Tengelmann Warenhandelsgesellschaft KG). The new holding company Tengelmann Twenty-One KG will replace i...
What Tengelmann stands for. Decades of experience in dealing with consumers. Taking responsibility for sustainability: a track-record in addressing sustainability matters from early days. An entrepreneurial platform providing freedom and patience – dedicated to long-term growth.
KiK, legally KiK Textilien und Non-Food GmbH, is a German clothing discount store chain headquartered in Bönen . Overview. KiK in Tomaszów Mazowiecki, Poland. KiK was founded in 1994 by Stefan Heinig and the holding company Tengelmann Group. [1] . KiK is an acronym for "Kunde ist König" (English: The customer is king ). [2]
