Hornbach Holding

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HORNBACH Holding AG & Co. KGaA

logo
legal form AG & Co. KGaA
ISIN DE0006083405
founding 1877
Seat Neustadt an der Weinstrasse , Germany
GermanyGermany 
management
Number of employees 21,505 (Feb 2020)
sales 4.73 billion euros (2019/20)
Branch Holding
Website www.hornbach-holding.de
Status: February 29, 2020

The HORNBACH Holding AG & Co. KGaA , based in Neustadt on the Wine Route is a holding company for the operating companies Hornbach Baumarkt AG , Hornbach Immobilien AG and Hornbach Baustoff Union GmbH. The company's share is listed in the SDAX .

about the company

Hornbach Holding AG & Co. KGaA, which was converted into a stock corporation in 1987 and went public, is the parent company of the Hornbach Group. It has three investment companies (Hornbach Baumarkt AG, Hornbach Immobilien AG and Hornbach Baustoff Union GmbH) and is not operational.

The Hornbach Baumarkt AG is the largest of the three holding companies by far; it operates 158 DIY megastores with garden centers in nine European countries. The Hornbach Baustoff Union GmbH operates mainly building materials trade with commercial customers. Hornbach Immobilien AG develops retail properties; it owns a large part of the extensive real estate assets of the Hornbach Group.

The share capital of Hornbach Holding AG was divided equally into ordinary and non-voting preference shares. Around 100% of the eight million preferred shares are owned by independent shareholders. The preferred shares were listed in the Prime Standard of the German stock exchange. The then unlisted eight million ordinary shares were 100% family owned. The long-term strategic partner Kingfisher plc sold its 25% plus two shares of the voting capital back to the founding family in 2014 after the companies and a. got in the way of foreign expansion to Romania.

On July 9, 2015, Hornbach Holding AG decided to convert it into an AG & Co. KGaA , which took effect on October 12, 2015. The previous preference shares were converted into ordinary shares.

history

Building goods Wilhelm Hornbach, Landau, around 1900

The company was founded in 1877 by master slate roofer Michael Hornbach with a workshop in Landau in the Palatinate , 23 years later the company was expanded to include a building materials business by his son Wilhelm. In 1968 Otmar Hornbach opened the first combined DIY and garden center in Bornheim (Palatinate) - a novelty in Europe at the time. In 1987 the company was converted into a holding company. In 1993 the DIY store business was outsourced to its own listed stock corporation and listed on the Frankfurt Stock Exchange . With the first store opening in Austria in 1996, the company began to expand into other European countries.

Subsidiaries

Hornbach Baumarkt AG

The subsidiary Hornbach Baumarkt AG was established in 1993 and operates 158 branches in Europe. Hornbach Holding holds 76.4 percent of the shares in Hornbach Baumarkt AG.

Hornbach Baustoff Union GmbH

The subsidiary Hornbach Baustoff Union GmbH currently operates 33 building materials stores in Rhineland-Palatinate, Baden-Württemberg and Saarland as well as two branches in France. The range and services are focused on the needs of professional customers from the main target groups of the main and ancillary construction trades. Primarily materials for the construction industry are traded here. The branches are run in Germany under the names Union Bauzentrum Hornbach, Ruhland-Kallenborn and Robert Röhlinger, in Lorraine under the name Holtz.

Hornbach Immobilien AG

Hornbach Immobilien AG manages the company's properties and is looking for new, suitable properties and properties.

Web links

Individual evidence

  1. ↑ Facts and Figures 2019/20 (PDF), accessed on June 8, 2020
  2. ↑ Annual Report 2019/20 (PDF), accessed on June 8, 2020
  3. ↑ Share master data. Retrieved June 8, 2020 .
  4. ↑ Shareholder structure of the HORNBACH Group. Retrieved July 18, 2019 .
  5. ↑ boerse.ard.de ( Memento of the original from March 26, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / boerse.ard.de
  6. ↑ DGAP-News: Hornbach Holding Aktiengesellschaft: Shareholders of Hornbach Holding AG decide to change the legal form to KGaA (German). Retrieved July 18, 2019 .
  7. ↑ Hornbach Holding AG & Co. KGaA: Change of legal form at Hornbach Holding completed. German Society for Ad Hoc Publicity , October 12, 2015, accessed on October 13, 2015 .
  8. ↑ Hornbach Holding AG & Co. KGaA: History of the HORNBACH Group. Retrieved July 18, 2019 .
  9. ^ Hornbach Holding AG & Co. KGaA: Real estate activities of the HORNBACH Group. Retrieved July 18, 2019 .