{"id":19341,"date":"2018-01-30T11:50:47","date_gmt":"2018-01-30T10:50:47","guid":{"rendered":"https:\/\/wordpress-783423-2671269.cloudwaysapps.com\/?p=19341"},"modified":"2022-03-10T05:42:46","modified_gmt":"2022-03-10T04:42:46","slug":"january-30-2018-takkt-acquires-leading-british-online-retailer-for-office-furniture","status":"publish","type":"post","link":"https:\/\/dev.cometis.de\/en\/january-30-2018-takkt-acquires-leading-british-online-retailer-for-office-furniture\/","title":{"rendered":"<span id=\"2018\" class=\"Postdate\">January 30, 2018<\/span> | TAKKT Acquires Leading British Online Retailer for Office Furniture"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;section&#8221;][et_pb_row admin_label=&#8221;Zeile&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;||0px|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; parallax_2=&#8221;off&#8221; parallax_method_2=&#8221;off&#8221; column_padding_mobile=&#8221;on&#8221;][et_pb_column type=&#8221;1_2&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<style>\n.zur\u00fcckbutton:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #00225f;\n    margin-right: 7px;\n}\n.zur\u00fcckbutton:hover:before {\n    display: inline-block;\n    font-family: \"ETmodules\";\n    content: \"4a\";\n    color: #d85710;\n    margin-right: 7px;\n}\n<\/style>\n<h1 style=\"text-align: justify;\">Corporate news<\/h1>\n<p><a class=\"zur\u00fcckbutton\" href=\" https:\/\/dev.cometis.de\/en\/publication-archive-takkt-ag\">to the archive<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243;][et_pb_image admin_label=&#8221;Bild&#8221; src=&#8221;https:\/\/dev.cometis.de\/wp-content\/uploads\/2017\/06\/Takkt.png&#8221; show_in_lightbox=&#8221;off&#8221; url_new_window=&#8221;off&#8221; use_overlay=&#8221;off&#8221; animation=&#8221;off&#8221; sticky=&#8221;off&#8221; align=&#8221;right&#8221; force_fullwidth=&#8221;off&#8221; always_center_on_mobile=&#8221;on&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<p>[\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Text&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221;]<\/p>\n<h1>TAKKT Acquires Leading British Online Retailer for Office Furniture<\/h1>\n<p><strong>Stuttgart, Germany, January 30, 2018.<\/strong> TAKKT AG has acquired 100 percent of the shares of Equip4Work Ltd. Signing and closing of the transaction took place on January 29. The company generated sales of roughly 40 million pounds and an EBITDA margin in the low double-digit percentage range in the 2016\/2017 financial year. It will become part of the newport group founded at the beginning of January within the TAKKT EUROPE segment.<\/p>\n<p>Equip4Work, founded in 2004, sells office furniture such as desks, chairs and cabinets in the United Kingdom under its primary sales brand OfficeFurnitureOnline. It also sells warehouse and business equipment under the sales brand Equip4Work. The company places strong emphasis on private label brands and offers an attractive range of products in the affordable value for money segment as well as higher-scale branded furniture. Products are sold online. OfficeFurnitureOnline, headquartered in Dumfries, Scotland, is highly successful in customer acquisition in its web shop and has built a loyal customer base of primarily smaller to medium-sized companies. OfficeFurnitureOnline is thus now one of the leading online retailers for office furniture in the United Kingdom.<\/p>\n<p>&#8220;The focus on successful online sales, a great deal of expertise in private label brands, the attractive range of products and an excellent team of employees make OfficeFurnitureOnline a great addition to our newly created newport group. This acquisition is the next step for us in our portfolio strategy to strengthen online activities,&#8221; Felix Zimmermann, CEO of TAKKT AG, commented.<\/p>\n<p>The purchase price, on a cash free, debt free basis, amounted to GBP 35 million. In addition to that, a further potential and variable purchase price component (earn out) of up to GBP ten million was agreed. This earn-out depends on the achievement of certain performance goals for the company over the next three years, and would be payable in 2021. The company will continue to be managed by the family that founded and owned the company, with Martin and Michael Hutchinson as representatives. &#8220;We are very happy to have found a partner in TAKKT who will help us to continue and expand the strong growth of recent years. We believe that the cooperation and exchange with the other companies of TAKKT and the newport group will provide many exciting opportunities for both sides,&#8221; said<b>&nbsp;<\/b>Martin Hutchinson.<\/p>\n<p><b>About TAKKT AG<\/b><\/p>\n<p>TAKKT is the leading B2B direct marketing specialist for business equipment in Europe and North America. The Group is represented with its brands in more than 25 countries. The product range of the subsidiaries comprises more than 500,000 products for the areas of plant and warehouse equipment, office furniture, transport packaging, display articles and equipment for the food service industry, hotel market and retailers. The TAKKT Group has over 2,000 employees and just under three million customers worldwide. The company is listed on the SDAX and Deutsche B\u00f6rse Prime Standard.<\/p>\n<p><b>Contacts:<\/b><br \/>\nDr. Christian Warns Tel. +49 711 3465-8222<br \/>\nGiuseppe Palmieri Tel. +49 711 3465-8250<\/p>\n<p>Email:&nbsp;<a href=\"mailto:investor@takkt.de\" target=\"_blank\" rel=\"noopener\"><span class=\"text-icons\">4<\/span>investor@takkt.de<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAKKT AG has acquired 100 percent of the shares of Equip4Work Ltd. Signing and closing of the transaction took place on January 29&#8230;<\/p>\n","protected":false},"author":24813,"featured_media":54374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"[et_pb_section admin_label=\"section\"][et_pb_row admin_label=\"Zeile\" make_fullwidth=\"off\" use_custom_width=\"off\" width_unit=\"on\" use_custom_gutter=\"off\" custom_padding=\"||0px|\" padding_mobile=\"off\" allow_player_pause=\"off\" parallax=\"off\" parallax_method=\"off\" make_equal=\"off\" parallax_1=\"off\" parallax_method_1=\"off\" parallax_2=\"off\" parallax_method_2=\"off\" column_padding_mobile=\"on\"][et_pb_column type=\"1_2\"][et_pb_text admin_label=\"Text\" background_layout=\"light\" text_orientation=\"left\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\"]\r\n\r\n<style>\r\n.zur\u00fcckbutton:before {\r\n    display: inline-block;\r\n    font-family: \"ETmodules\";\r\n    content: \"4a\";\r\n    color: #00225f;\r\n    margin-right: 7px;\r\n}\r\n.zur\u00fcckbutton:hover:before {\r\n    display: inline-block;\r\n    font-family: \"ETmodules\";\r\n    content: \"4a\";\r\n    color: #d85710;\r\n    margin-right: 7px;\r\n}\r\n<\/style>\r\n<h1 style=\"text-align: justify;\">Corporate News<\/h1> <a class=\"zur\u00fcckbutton\" href=\" https:\/\/dev.cometis.de\/veroeffentlichungsarchiv-takkt-ag\">zum Archiv<\/a>\r\n\r\n[\/et_pb_text][\/et_pb_column][et_pb_column type=\"1_2\"][et_pb_image admin_label=\"Bild\" src=\"https:\/\/dev.cometis.de\/wp-content\/uploads\/2017\/06\/Takkt.png\" show_in_lightbox=\"off\" url_new_window=\"off\" use_overlay=\"off\" animation=\"off\" sticky=\"off\" align=\"right\" force_fullwidth=\"off\" always_center_on_mobile=\"on\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\"]\r\n\r\n\r\n\r\n[\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=\"row\"][et_pb_column type=\"4_4\"][et_pb_text admin_label=\"Text\" background_layout=\"light\" text_orientation=\"left\" use_border_color=\"off\" border_color=\"#ffffff\" border_style=\"solid\"]\r\n\r\n<h1>TAKKT erwirbt f\u00fchrenden britischen Online-H\u00e4ndler f\u00fcr B\u00fcrom\u00f6bel<\/h1>\r\n\r\nStuttgart, 30. Januar 2018. Die TAKKT AG hat 100 Prozent der Anteile der Equip4Work Ltd. erworben. Vertragsunterzeichnung und Vollzug der Transaktion erfolgten am 29. Januar. Das Unternehmen erwirtschaftete im Gesch\u00e4ftsjahr 2016\/2017 einen Umsatz von ca. 40 Millionen britischen Pfund und eine EBITDA-Marge im niedrigen zweistelligen Prozentbereich. Es wird Teil der Anfang Januar neu gebildeten newport Gruppe im Gesch\u00e4ftsbereich TAKKT EUROPE.\r\n\r\nDie 2004 gegr\u00fcndete Equip4Work vertreibt in Gro\u00dfbritannien \u00fcber die Haupt-Vertriebsmarke OfficeFurnitureOnline als Produktspezialist B\u00fcrom\u00f6bel wie Schreibtische, St\u00fchle und Schr\u00e4nke. Daneben wird unter der Vertriebsmarke Equip4Work auch Lager- und Betriebsausstattung angeboten. Das Unternehmen setzt stark auf Eigenmarken und bietet ein attraktives Sortiment mit Produkten im g\u00fcnstigen Preis-Leistungs-Bereich sowie teilweise auch im Bereich von h\u00f6herwertigen Markenm\u00f6beln. Der Vertrieb der Produkte erfolgt online. OfficeFurnitureOnline mit Sitz in Dumfries, Schottland, ist sehr erfolgreich bei der Neukundengewinnung im Webshop und hat sich einen loyalen Kundenstamm von vorwiegend kleineren bis mittelgro\u00dfen Unternehmen aufgebaut. Somit ist OfficeFurnitureOnline heute einer der f\u00fchrenden Onlineh\u00e4ndler f\u00fcr B\u00fcrom\u00f6bel in Gro\u00dfbritannien.\r\n\r\n\"Mit dem Fokus auf erfolgreichen Online-Vertrieb, einer hohen Eigenmarkenkompetenz, dem attraktiven Sortiment und dem schlagkr\u00e4ftigen Team ist OfficeFurnitureOnline eine sehr gute Erg\u00e4nzung f\u00fcr unsere neu aufgestellte newport Gruppe. Diese Akquisition ist f\u00fcr uns der n\u00e4chste Schritt in unserer Portfolio-Strategie zur St\u00e4rkung der Online-Aktivit\u00e4ten\", kommentiert Felix Zimmermann, Vorstandsvorsitzender der TAKKT AG.\r\n\r\nDer Kaufpreis, frei von Finanzschulden und liquiden Mitteln, betrug 35 Millionen britische Pfund. Dar\u00fcber hinaus wurde ein weiterer m\u00f6glicher und variabler Kaufpreisanteil (\"Earn-Out\") von bis zu zehn Millionen britischen Pfund vereinbart. Dieser h\u00e4ngt von der Erreichung von Performancezielen der Gesellschaft \u00fcber die n\u00e4chsten drei Jahre ab und w\u00e4re im Jahr 2021 zahlbar. Die Gr\u00fcnder- und Eigent\u00fcmerfamilie bleibt mit Martin und Michael Hutchinson f\u00fcr die Gesch\u00e4ftsf\u00fchrung verantwortlich. \"Wir freuen uns sehr dar\u00fcber, mit TAKKT einen Partner gefunden zu haben, der unsere Sprache spricht und uns dabei helfen wird, das starke Wachstum der vergangenen Jahre weiterzuf\u00fchren und auszubauen. Wir sind davon \u00fcberzeugt, dass die Zusammenarbeit und der Austausch mit den weiteren Unternehmen der TAKKT und der newport Gruppe f\u00fcr beide Seiten viele Chancen bietet\", so Martin Hutchinson.\r\n\r\nKurzprofil der TAKKT AG\r\n\r\nTAKKT ist in Europa und Nordamerika der f\u00fchrende B2B-Spezialversandh\u00e4ndler f\u00fcr Gesch\u00e4ftsausstattung. Der Konzern ist mit seinen Marken in mehr als 25 L\u00e4ndern vertreten. Das Sortiment der Tochtergesellschaften umfasst \u00fcber 500.000 Produkte aus den Bereichen Betriebs- und Lagereinrichtung, B\u00fcrom\u00f6bel, Transportverpackungen, Displayartikel, Ausr\u00fcstungsgegenst\u00e4nde f\u00fcr den Gastronomie- und Hotelmarkt sowie den Einzelhandel. Die TAKKT-Gruppe besch\u00e4ftigt \u00fcber 2.000 Mitarbeiter und hat weltweit knapp drei Millionen Kunden. Das Unternehmen ist im SDAX gelistet und im Prime Standard der Deutschen B\u00f6rse vertreten.\r\n\r\nAnsprechpartner:\r\nDr. Christian Warns Tel. +49 711 3465-8222\r\nGiuseppe Palmieri Tel. +49 711 3465-8250\r\n\r\nE-Mail: 4investor@takkt.de\r\n\r\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[448,342],"tags":[489],"class_list":["post-19341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-takkt-ag-corporate-news-en","tag-489"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>January 30, 2018 | TAKKT Acquires Leading British Online Retailer for Office Furniture - cometis AG<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"January 30, 2018 | TAKKT Acquires Leading British Online Retailer for Office Furniture - cometis AG\" \/>\n<meta property=\"og:description\" content=\"TAKKT AG has acquired 100 percent of the shares of Equip4Work Ltd. 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