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Munich-based industrial holding ADCURAM Group AG acquires 98.57% of Poggenpohl Möbelwerke GmbH, based in Herford (Northrhine-Westphalia). The purchase agreement with the majority shareholder, Swedish listed Nobia AB, was signed on 19 December 2016.
"We are pleased to have an experienced and renowned investor by our side in the form of ADCURAM Group AG. Together we want to further develop the brand Poggenpohl and to accelerate the growth of our business", explains Patrick Heinen, Managing Director of Poggenpohl.
Further information in the ADCURAM Group AG press release.
Leading design prizes for +STAGE from Poggenpohl
Poggenpohl is presenting new, chrome-plated lacquer
The range is being supplemented with exclusive veneer finishes
Customers’ wishes occupy a prominent position at Poggenpohl
Poggenpohl is among the finest German luxury goods companies in 2016 and is receiving the German Brand Award 2016
Poggenpohl +STAGE as the heart of the home
German Design Award 2016, Focus Open 2015, Materialica Design + Technology Award 2015 – The innovative kitchen architecture P´7350 Design by Studio F. A. Porsche has now been honoured with three major design prizes almost simultaneously, thus continuing its remarkable success story.