Müller (German trade company)

Müller Ltd. & Co. KG
Limited, KG
Industry Retail
Founded March 5, 1953 (1953-03-05)
Headquarters Ulm, Germany
Key people
  • Erwin Müller
  • Elke Menold
Revenue 3.357 billion Euro (2013/2014)[1]
Number of employees
 31,731 (2015)[2]
Website www.mueller.de

Müller Ltd. & Co. KG (Müller) is a chain of retail stores with headquarters in Ulm, Germany. Since 2004[3] the company is registered in London.

History

The hairdresser Erwin Franz Müller founded his company in Ulm on 5 March 1953. By 1968 the company had opened additional outlets in Munich and Karlsruhe. In 1976 the construction of a corporate headquarters began in Ulm-Jungingen. In 1978 annual revenue crossed 100 million D-Mark for the first time. From 1980 to 1985 the company opened 59 new outlets, was converted into the Müller GmbH & Co. KG in 1985 and then opened another 86 outlets by 1990.

Since then the company has expanded internationally. By December 2011 they had a total of 643 outlets, 481 in Germany, 41 in Switzerland (by acquiring Estorel AG), 34 in Hungary, 50 in Austria, 9 in Spain (only Mallorca), 14 in Slovenia and 14 in Croatia.

Müller has more than 22,000 employees. In 2010 the company earned revenues of 2.42 billion Euro. Erwin Müller and Elke Menold are General Managers of the company.

In 2004, the company was transformed into a Limited & Co. KG (a hybrid of the English cognate of the German GmbH and the German word "Compagnie Kommanditgesellschaft", meaning "limited partnership") when the company registered under English law in London.

Products

Müller sells the following products: Perfumes, stationery, toys, multi-media (i.e. movies on DVD as well as music CDs), commodities and fashion accessories. They also sell Over-the-counter drugs (over-the-counter) and books.

External links

Wikimedia Commons has media related to Müller.

References

  1. ↑ Published in public register
  2. ↑ http://www.mueller.de/unternehmen/fakten.html
  3. ↑ Wirtschaftwoche vom 18. Juli 2006 “Der König der Drugstores ”
This article is issued from Wikipedia - version of the Tuesday, November 03, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.