Permira Group sell Takko
German clothes retail chain Takko expands in Romania, Bulgaria and Poland.
The american Advent International will pay €770 million for
Takko and plans to open 150 new stores under this brand. Takko has some 9,000
employees and 1,059 stores worldwide. "Our medium-term strategy is to
accelerate our expansion in Eastern European countries with a high economic
potential, such as Romania, Bulgaria and Poland and also to expand our
franchise system," said Takko Executive Manager Arnold Mattschull. Other
targets include Sweden, Spain, Portugal and France.
Takko, based in Telgte, was established in 1982 and has
became the second largest clothes retailer in Germany. The company owns 210
stores in Austria, the Czech Republic, Holland, Hungary and Slovakia and 13
franchises in Slovenia, Lithuania, Estonia and Latvia. Estimates for the
2007/2008 year include sales of €800 million.
Related news
Related news
IKEA is expanding its services in seven large rural towns
In the spirit of affordability and accessibility, IKEA is constantly…
Read more >Summer arrives early with the new flavour of Borsodi Friss
The Borsodi Friss product line is being expanded with a…
Read more >NAK-FruitVeB: there is also plenty of Hungarian horseradish for export
In addition to the domestic market, there is plenty of…
Read more >