Post a Comment Print Share on Facebook

Globe could be Thai

anyone Who buys the Globus Department stores? New rumors heat up, the speculation about possible buyers. In June, the owner of Migros, announced to the luxury b

- 60 reads.

Globe could be Thai

anyone Who buys the Globus Department stores? New rumors heat up, the speculation about possible buyers. In June, the owner of Migros, announced to the luxury brand disconnect. Shortly thereafter, globe-in-chief Thomas Herbert expressed his interest.

Since the announcements of speculation doing the rounds: As a prospective buyer, among other things, the US investment Fund KKR has been called, is invested in the Swiss Selecta. Also, the Name of the French real estate company Unibail Rodamco Westfield, which, among other things, the Department store Quatre Temps in Paris is like.

interested Thai?

Now to Signa according to Reuters, the Austrian group of the Investor René Benko, for the Swiss were interested in the house chain. The news Agency relies on this message to information by insiders. However, companies put this in perspective, close circles: Signa under Karstadt, Kaufhof in Germany and Galeria a Department store chain, but this is not located in the luxury segment. Single-handedly Signa in this market is not active.

The Austrians, together with a Partner, the Thai Central Group. Together they took over in 2015, the German KaDeWe group. The Berlin KaDeWe, Hamburg's alsterhaus and the Department store oberpollinger in Munich. All three houses are located in the luxury segment.

With a share of 50.1 percent, the Central Group is the main shareholder of the KaDeWe Department store group, and thus the lead when it comes to potential acquisitions, as it is called in the circles more. The Central Group is mainly in Thailand, Vietnam and Europe in the Food and Non-Food area. Since 2011, the Italian luxury house La Rinascente belongs to her.

no conversations

If there would be interest in Globus, probably from the KaDeWe Department store group, says an industry expert. "KaDeWe is fundamentally interested in if a luxury home comes on the market," the expert said. KaDeWe was not reached for comment.

Why is it that a trade Signa now as a buyer, can not explain globe-in-chief Thomas Herbert, too. Because he had signed a purchase interest in the Department store chain, will inform him of the Migros on the progress in the sales process hardly, he says of this newspaper. Talks of his knowledge would not be passed yet, the purchase would have to take offers. "I'm still interested and pushing the Management Buy-out," says Herbert.

To do this, the globe-chief in talks with investors leads to the purchase of the Department store chain cope with. Time pressure, there seems to be no, because according to Herbert, Migros has set no deadline by which interested parties, offers for globe are required to submit.

The tradition of the house wants to focus more on the luxury segment and has already won new brands such as Tom Ford or Brioni. This course wants to continue Herbert also after a possible Takeover.

The Migros don't want to comment on the current speculation, and holds on to your Statement: they wanted To manage the sale process carefully. This will take as announced a long time. The processes are as planned in the corridor. "Migros will select the new owner of the globe very carefully and have a clear preference for an Investor who invests in the company has developed this further and in a challenging market environment to continue successfully operates", it says on request.

Created: 30.10.2019, 20:50 PM

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.