Munich – Big news at Tengelmann: The Haub brothers have agreed and want to relocate the team to Munich.
Tengelmann Twenty One KG announced this in a statement on Thursday morning. The company’s future headquarters are at Highlight Towers in Mies-van-der-Rohe-Strasse 6. Spokesman Matthias Goldbeck says: “We’ve been there for a year. Now the placement is also done on paper “.
The two towers (126 and 113 meters high) connected by a bridge are located in Schwabing between the Mittlerer ring and the A9. They are slightly offset by the historic view from the Odeonsplatz above Ludwigstrasse and the Siegestor above Leopoldstrasse to the north. In the immediate vicinity: CSU State administration in Mies-van-der-Rohe-Straße 1.
The Tengelmann Twenty One KG has 40 employees and occupies one floor in the largest tower.
After Christian Haub (57), the sole CEO of Tengelmann Holding since 2018, acquired the shares of his brother Karl-Erivan Haub, who was pronounced dead a few weeks ago, he and his brother Georg (59) have for a long time – the terminal cooperation in the family business was agreed.
Christian Haub now owns about two-thirds, Georg Haub about one-third of the shares in one of Germany’s largest family-owned companies.
According to the statement, the brothers want to jointly shape the future of the retail group, which includes the DIY OBI chain, the KiK textile discount company, extensive real estate activities combined under the TREI umbrella and numerous investments.
Christian Haub remains CEO. Georg Haub, on the other hand, is going to the US and will take care of the real estate development for the company there, among other things.
Then the real hammer. The statement literally states:
“In addition, the shareholders decided to move the Tengelmann Group headquarters from Mülheim an der Ruhr to Munich. “This step follows the reorganization of the parent company as a strategic portfolio company that started more than two years ago.”
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Christian Haub comments on the agreement with his brother Georg Haub: “The steps that have now been decided have far-reaching implications for the development of the company. In the smaller group of shareholders and with the newly appointed advisory board, we can continue to pursue the restructuring that we have started and to consistently implement our strategic goals “.
Georg Haub adds: “I very much welcome the agreement with my brother Christian for the long-term cooperation and I am pleased with the positive development of our group of companies. “Our common goal is for Tengelmann to continue successfully as a family business now and in the next generation.”
The Tengelmann Group employs more than 75,000 people worldwide. The group initially left open the consequences of moving to Munich for workers in the Ruhr area.