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New Deal


Announced

Wiemann to acquire Loddenkemper and femira from Hüls Group.

Synopsis

Wiemann to acquire Loddenkemper, living- and bedroom furniture producer, and femira, mattress and bed manufacturer, from Hüls Group.Financial terms were not disclosed. “The fact that we are able to announce the takeover of both Loddenkemper and femira by WIEMANN ahead of the MOW is a superb way to start the 2018/19 furniture year and is fantastic news for our retailers, our employees and our customers. I am already very excited about working with the Wiemann family, and with Mr. Kriege as Managing Director,”Jürgen Merkelbach, Loddenkemper and femira Managing Director.

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