baumarkt - The Right Choice When it Comes to Home Improvement
baumarkt - the right choice when it comes to home improvement
With its comprehensive range of products and services, baumarkt is the ideal partner for all your construction projects. Its broad product portfolio includes building materials, tools, and garden items, as well as electrical and plumbing accessories, paints and wallpapers, flooring, and other interior decoration products. The company’s customer-oriented service ensures that customers always find what they are looking for.
Moreover, the baumarkt group is constantly expanding its product range. In order to offer its customers the best possible selection, the company maintains close partnerships with suppliers and manufacturers. This ensures that the baumarkt products meet the highest quality standards and are available at competitive prices. The baumarkt group is also committed to sustainability and takes steps to reduce its environmental impact.
The company is a member of the Dow Jones Sustainability Index and the Ethibel Eco-Index. It has also received the ISO 14001 certification for environmental management systems. In addition, the baumarkt group is part of the German Sustainable Business Alliance.
HORNBACH BAUMARKT AG O.N. > News01/24/2022 - 00:05 EQS Group published a news item HORNBACH BAUMARKT AG – Management Board and Supervisory Board recommend accepting the public delisting offer
The company was founded in 2005 and currently operates around 347 Sonderpreis Baumarkt branches. These are exclusively located in Germany and have a sales area of between 650 and 1,200 square meters. The Sonderpreis Baumarkt format is based on the discount concept and offers attractive items that can be ordered for cash on delivery to your home or picked up from the building center of your choice. These items are either offered directly from the manufacturer or from a special specialized supplier. The Sonderpreis Baumarkt model is a real success story, and the success is primarily due to the excellent price-performance ratio of the products. Furthermore, the Sonderpreis Baumarkt stores have a strong local presence and good customer proximity. This makes them a popular shopping destination for many customers. With the Sonderpreis Baumarkt brand, the HORNBACH group is one of the leading DIY retailers in Europe. The family-led company is currently planning to take the Sonderpreis Baumarkt branch network private. In this way, the family can set the course for a successful future with the highest level of corporate governance. The reorganization will enable the HORNBACH family to continue its successful strategy, while further expanding the corporate structure to increase efficiency. The Sonderpreis Baumarkt format is a strong brand that offers excellent potential for growth. The Group’s management will be able to devote more time to this and to further develop the company in the long term. The management board will expand the committees, so that the sixth generation of the HORNBACH family can play a greater role in strategic development. This will give the Group a clear identity and more independence. The family is convinced that this will increase the strength of the group and the profitability of the individual businesses.