Breuninger to take over Konen
The München department store Konen will soon have new owners. Breuninger's CEO Holger Blecker said in an interview: " München has long been a dream locations for Breuninger. The family-owned company Konen, with its "strong brand, deep local roots and close customer relationships, is a perfect addition to our store portfolio".
The acquisition is still subject to approval by the Bundeskartellamt, expected by the end of June.
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Press release - Fashion stores KONEN and BRAM become part of Breuninger (English)
Press release - Fashion stores KONEN and BRAM become part of Breuninger (German))
Breuninger boss Holger Blecker on the Konen takeover (English)
Breuninger boss Holger Blecker on the Konen takeover (German)