Galeria Kaufhof

Galeria Kaufhof GmbH is a German department store chain whose headquarters are in Cologne. Until 30 September 2015, the company was a subsidiary of Metro AG, when the company announced that it had been acquired by Hudson's Bay Company.[1] In September 2018 they announced plans to merge with their largest competitor Karstadt.[2] In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company Signa Holding, who been the partner in the former merger.[3]

Galeria Kaufhof GmbH
TypeGmbH
IndustryRetail
GenreDepartment store
PredecessorKaufhof Warenhaus AG
Founded1879
FounderLeonhard Tietz
Headquarters
Cologne
,
Germany
Areas served
  • Germany
  • Belgium
Key people
Dr. Wolfgang Link (Chairman of the Board)
Number of employees
21 500 (2014)
ParentSigna Holding
Websitegaleria-kaufhof.de
Logo of Galeria Karstadt Kaufhof since March 25th 2019

On March 25, 2019 Karstadt & Galeria Kaufhof presented the new logo of their merged company Galeria Karstadt Kaufhof. They launched their new website galeria.de on that day, too.

Business portfolio
  • Galeria Kaufhof - 97 branches
  • DINEA Gastronomie GmbH - 58 restaurants
  • Galeria Inno - 16 stores in Belgium[4]

References
  1. "Mehr Wachstum, besseres Kundenerlebnis – GALERIA Kaufhof-Gruppe wird Teil von HBC" [More growth, better buying experience - GALERIA Kaufhof-Gruppe will be part of HBC] (Press release) (in German). Galeria Kaufhof GmbH. 2015-09-30. Archived from the original on 2016-03-04. Retrieved 2016-12-09.
  2. "Germany's Karstadt and Galeria Kaufhof Department Stores Merge". 11 September 2018. Retrieved 24 October 2018.
  3. Hudson's Bay Stock Soars 43% on Buyout Interest and Exit From Europe Yahoo Finance on 10th of June 2019
  4. Galeria Inno - History Archived 2017-07-31 at the Wayback Machine (in French)


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.