Max Bahr

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Baumarkt Max Bahr GmbH & Co. KG

logo
legal form GmbH & Co. KG
founding 1879
resolution March 1, 2014
Reason for dissolution insolvency
Seat Hamburg , Germany
management Jens Sören Schröder, insolvency administrator
Number of employees 3,188
sales 699.9 million euros
Branch Hardware store
Website www.maxbahr.de
As of December 31, 2012

The wheelwright in 1879

The hardware store Max Bahr GmbH & Co. KG operational until 25 February 2014 branch chain of building and garden centers in Germany. The company belonged to the Praktiker umbrella brand . The company headquarters was in Hamburg .

On July 25, 2013, Max Bahr filed for bankruptcy .

history

In 1879, Johann Jacob Heinrich Bahr founded a wheelwright for the production of wagon wheels and wagon frames in what is now the Bramfeld district of Hamburg . His son Max (1884–1956) took over the family business in 1906 and in 1927 dared to step into the promising timber retail business.

Peter Möhrle , who became the main shareholder and managing director of Max Bahr Holzhandlung in 1956 , recognized the beginning do-it-yourself boom, expanded the product range and thus laid the foundation for the company, which existed until bankruptcy. In 1963 he opened the first branch in Hamburg-Rissen . In the years that followed, Peter Möhrle implemented a new concept from the USA, also pursued by the Bauhaus company : DIY stores with spacious areas and an extensive range. The branch establishment was now progressing rapidly. With the opening of the first garden center in Lübeck in 1994, Max Bahr set the course for the combination of hardware store and garden offerings, which was trend-setting for the industry. After the company's 125th anniversary, the Möhrle family withdrew from the operative business in 2004.

Max Bahr has been a member of the Praktiker group since February 1, 2007 . As part of the two-brand strategy of Praktiker Bau- und Heimwerkermärkte Holding AG , Max Bahr was to be continued as a brand with strong advice and service. In his company guidelines, Max Bahr tried to meet the challenges of environmental issues. Environmental management was certified in accordance with DIN EN ISO 14001 as early as 2000 and regularly checked by TÜV. With the opening of what the company claims to be the first sustainable DIY store and garden center in Hamburg-Stellingen, the company wanted to set an example. A photovoltaic system on the roof generated electricity. The wood pellet heating was used to generate heat. The concept of the hardware store included the use of rainwater, natural lighting and ventilation as well as a green roof.

In the restructuring program of the Praktiker holding company, it was planned to move around half of the existing Praktiker stores to Max Bahr. By April 2013, 57 markets had already been reflagged. Overall, the number of Max Bahr stores should increase from 80 to around 200 stores by the end of 2013, while the Praktiker stores should be reduced from 236 (before the start of renovation) to around 120. On July 10, 2013, Praktiker AG declared itself overindebted and insolvent and filed for bankruptcy . At the time, however, Max Bahr was not yet affected.

However, on July 25, 2013, Max Bahr filed for bankruptcy with reference to the lack of financial support from a commercial credit insurer . Insolvency administrator Jens-Sören Schröder announced the liquidation of the company on November 15, 2013 after the failure of a takeover by competitor Hellweg due to disputes over the Max-Bahr-Immobilien. The Royal Bank of Scotland had requested a corporate guarantee from Hellweg, which the medium-sized company did not want to provide. Shortly afterwards, the Saarland retail chain Globus again expressed interest in Max Bahr and the purchase of the branches. The prerequisite for this, however, was an agreement with the owner of the houses, the Royal Bank of Scotland. Globus, which wanted to continue to operate 59 of the 73 Max Bahr branches (branches that have been reflagged from Praktiker to Max Bahr are excluded) under the old name and the headquarters in Kirkel , agreed on November 26, 2013 with the Royal Bank of Scotland to purchase the 59 branches. The contracts were still to be signed and should take place on November 27, 2013. On that day, however, it became known that the sale to Globus had failed and Max Bahr would be smashed.

As a result, both Soltauer Hagebau and Bauhaus acquired over half of the Max Bahr stores.

The 80th market in Hamburg-Bramfeld

The goods were sold in the Max Bahr branches until February 25, 2014, after which all branches were closed. The company was dissolved on March 1, 2014. 63 branches were handed over to successor companies who want to integrate the branches into their branch system . The buyers of the Max Bahr branches include Bauhaus , Obi , Hagebau , toom , Hornbach , Globus , Poco Domain and XXXLutz , who bought most of the branches. In some cases, individual branches were also sold to car dealerships (Bremerhaven branch), a paint and varnish manufacturer (1 branch in Münster) and Dirk Möhrle, son of the long-standing Max Bahr managing director Peter Möhrle (Elmshorn branch). At the beginning of July 2014, all 67 old branches (those that were part of the company when it was sold in 2007) had been sold. As of July 2015, buyers are still being sought for the Praktiker stores, which were later reflagged to Max Bahr.

Web links

Commons : Max Bahr  - Collection of Images
  • The time 50/2013: Smashed . Four insolvency administrators, a British bank and the previous owners were unable to save Max Bahr's hardware stores.

Individual evidence

  1. ↑ Max Bahr locations before handover to new operators. Press release from the liquidator. February 25, 2014, accessed February 26, 2014 .
  2. ↑ a b Annual Report 2012 (Praktiker). (PDF; 2.8 MB) Archived from the original on October 4, 2013 ; Retrieved November 26, 2013 .
  3. ↑ a b DIY chain: Praktiker subsidiary Max Bahr is insolvent. Spiegel Online, July 26, 2013, accessed July 26, 2013 .
  4. ↑ Publication of an ad hoc announcement pursuant to Section 15 WpHG. Praktiker Bau- und Heimwerkermärkte Holding AG, July 10, 2013, archived from the original on August 8, 2013 ; Retrieved July 10, 2013 .
  5. ↑ DIY store bankruptcy: Everything has to be removed from Praktiker subsidiary Max Bahr. Focus Online, November 15, 2013, accessed November 15, 2013 .
  6. ↑ Globus gives hope to the Max Bahr workforce. Handelsblatt, November 22, 2013, accessed on November 24, 2013 .
  7. ↑ Max Bahr: rescue at the last second? Hamburger Morgenpost, November 25, 2013, accessed on November 26, 2013 .
  8. ↑ Negotiated contracts with Globus and Max Bahr. Saarländischer Rundfunk, November 26, 2013, archived from the original on December 2, 2013 ; Retrieved November 26, 2013 .
  9. ↑ Melanie Wassink: Max Bahr apparently wants to save Globus after all. Hamburger Abendblatt, November 26, 2013, accessed on November 26, 2013 .
  10. ↑ Globus takeover from Max Bahr failed. Wirtschaftswoche, November 27, 2013, accessed on November 27, 2013 .
  11. ↑ Globus doesn't want to buy Max Bahr stores after all. Radio Bremen, November 27, 2013, archived from the original on November 2, 2014 ; Retrieved November 27, 2013 .
  12. ↑ Bauhaus buys 22 Max Bahr stores. ARD Tagesschau, November 29, 2013, archived from the original on December 1, 2013 ; Retrieved December 16, 2013 .
  13. ↑ Hagebau buys Max Bahr stores. ARD Tagesschau, December 4, 2013, archived from the original on December 7, 2013 ; Retrieved December 16, 2013 .
  14. ↑ All Max Bahr markets sold. Handelsblatt, July 3, 2014, accessed on July 20, 2015 .
  15. ↑ Transfer list Praktiker / Max Bahr. Hardware store manager, July 6, 2015, accessed on July 20, 2015 .

Coordinates: 53 ° 34 ′ 35.8 "  N , 10 ° 4 ′ 52.2"  E