A well-known company pitched its tents in Munich.
The retail group will in future run its business from the Bavarian capital.
Munich - Tengelmann relocates its headquarters to Munich.
The group announced this yesterday at the previous company headquarters in Mülheim an der Ruhr.
"This step follows the realignment of the parent company as a strategic holding company that was initiated more than two years ago," says the announcement.
Tengelmann relocates headquarters to Munich-Schwabing
In Munich, the holding company is located in the Highlight Towers in the Schwabing district, which are up to 126 meters high.
"Tengelmann already moved into offices in the Highlight Towers in the spring, and the actual move has already taken place," said a Tengelmann spokesman.
Now the company headquarters will also be legally relocated to Munich.
Tengelmann has moved into a floor in the Highlight Towers with almost 40 employees.
“There is no actual headquarters in the narrower sense.” Tengelmann is organized in a very decentralized manner and works with project offices around the world.
After the sale of the Kaiser's Tengelmann supermarket chain to Edeka in 2016, the holding company has a stake in the textile discounter KiK and the DIY chain Obi, among others.
According to the company's own statements, the group's turnover in 2020 was 8.3 billion euros.
Tengelmann: Christian Haub takes over the shares of his brother Karl-Erivan Haub, who has been declared dead
Christian Haub, who lives in the Munich area, has been the sole managing director of the holding since 2018.
His brother Karl-Erivan Haub was not found after a ski tour in Switzerland in 2018 and was pronounced dead *.
In June Christian Haub took over the company shares from the heirs of his missing brother after violent internal family disputes.
As Tengelmann announced yesterday, there has now also been “close ranks” with brother Georg Haub.
Christian Haub now has around two thirds, Georg Haub around a third of the shares "in one of the largest German family-owned companies".
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