Kika/Leiner Group has been acquired by Steinhoff Europe AG
The private owners of Kika/Leiner Group have sold the company to Steinhoff Group AG. Financial details have not been disclosed.
Kika/Leiner Group is a leading Austrian furniture retailer with branches in Austria, Hungary, Czech Republic, Slovakia and Romania.
Steinhoff Europe is an integrated retailer that manufactures, sources and retails furniture, household goods and general merchandise in Europe, Australasia and Africa.
Oaklins' team in Austria supported the private owners in selling their shares in Kika/Leiner Group to Steinhoff Group. The team also prepared a valuation report.
Talk to the deal team
Related deals
Apotheka acquires two pharmacy outlets from Panpharmacy
In a strategic move that signifies the ongoing consolidation and growth within the Latvian pharmaceutical retail sector, Panpharmacy, the parent company of the leading online pharmacy InternetAptieka.lv, has successfully completed the sale of two of its brick-and-mortar pharmacies to Apotheka. These pharmacies, both situated in the capital city of Riga, will continue to serve customers under the Apotheka brand, marking a seamless transition in ownership and operations.
Learn moreRogan’s Shoes has been acquired by Shoe Carnival
The owners of Rogan’s Shoe have sold the company to Shoe Carnival, Inc. This acquisition provides Shoe Carnival a well-scaled entry into the Wisconsin market and a complementary growth channel in work boot and safety footwear.
Learn moreTrive Capital acquires Ten Entertainment Group
Trive Capital has acquired Ten Entertainment Group Ltd.
Learn more