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Poggenpohl

Poggenpohl Möbelwerke in Herford is one of the globally leading brands for luxury kitchens, and the manufacturer of the famous Porsche-Design kitchen. At ist industrial center in Herford, Poggenpohl produces kitchens in extraordinary design and traditional quality. The products are then sold through own and independent retail channels. Poggenpohl employs about 500 staff and generates annual revenues of more than 100 million Euro.

Link to the website

Facts & Figures

Industry:
Manufacturer of luxury kitchens
Location:
Production in Herford (Germany), 36 own stores globally
Employees:
500
Revenues:
EUR 110 million
Date of Acquisition:
31. Januar 2017
Seller:
Nobia AB
Transaction:
Non-core divestment, 98,57 %