
Share Sell-Down
SECTOR
Consumer & Retail
TRANSACTION TYPE
Special Situations
CLOSING TIME
05/05/2017
Transaction by Felix Engelhardt, CFA
Reference Transaction
Share Sell-Down
Hornbach Holding AG is a specialty retailer that offers do-it-yourself (DIY), home improvement and garden products. HORNBACH Baumarkt AG operates DIY
megastores with garden centers in Germany, Austria, Luxembourg, the Netherlands, Czech Republic, Switzerland, and Hungary.
Following transaction team facilitated the transaction.
About the sector
Germany is Europe's largest consumer market with a population of over 80 m and above-average purchasing power. The industry is considered robust because demand for consumer goods is largely independent of economic fluctuations.
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