Hornbach (hypermarket)

For the town, see Hornbach.
Hornbach Holding AG/
Hornbach Baumarkt AG
Industry Retail (Home Improvement)
Founded 1877
Headquarters Neustadt an der Weinstraße/
Bornheim, Germany
Key people
Albrecht Hornbach/
Steffen Hornbach
Products Home improvement products such as home appliances, tools, household hardware, and garden supplies & plants.
Number of employees
12,710 (2008)
Slogan "Es gibt immer was zu tun."
Website www.hornbach.com
Hornbach activities
A Hornbach store

Hornbach is a German DIY-store chain offering home improvement and do-it-yourself goods. It is 21% owned by Kingfisher plc, a UK company, who also own the B&Q and Castorama DIY chains.

In the full fiscal-year 2007/2008 the net profit slumped 24% to 48 Mio. € after the company spent more on advertising and new stores.[1]

History

In the 1960s, the Wilhelm Hornbach OHG was in a bad state so grandson Otmar Hornbach launched the idea of a do-it-yourself home improvement store after a visit to the United States. The business was filed on the stock exchange in 1987 and was expanded to a chain of 144 stores.

Otmar Hornbach died on 2 August 2014.[2]

Hornbach in Europe

Country First store Number of stores
Germany 196891
Austria 1996 11
Netherlands 1997 10
Luxembourg 1998 1
Switzerland 2002 6
Czech Republic 1998 8
Sweden 2003 5
Slovakia 2004 3
Romania 2007 5

External links

Media

References

  1. Hornbach Holdings sees full-year operating earnings growing faster than sales AFX News
  2. Bouwmarktpionier Otmar Hornbach (84) overleden: hij leerde Duitsland doe-het-zelf - Z24 (Dutch)