Central Group takes over the entire business operations of the KaDeWe Group.
9 Articles
9 Articles
The Thai Chirathivat family already owned the KaDeWe building in Berlin, as well as half of the department store. Now their company Central Group is also taking over the remaining shares.
KaDeWe, Oberpollinger, Alsterhaus - the three most elegant department stores that Germany has to offer. After the collapse of the Benko empire, they are now in Thai hands.
The group of companies had previously taken over the property of the Berlin luxury department store. The contract also includes the Oberpollinger department stores in Munich and Alsterhaus in Hamburg
Thailand's Central Group takes over shares previously owned by insolvent Signa Group of Rene Benko
KaDeWe, Oberpollinger and Alsterhaus are among the most elegant department stores in the country - and become commodities themselves with the collapse of the Benko Empire. Their company is now Thai-owned.
VIENNA. After the sale of the property of Berlin's luxury department store KaDeWe to the Central Group by Signa, the business operations are now also transferred to the Thai company.
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