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  5. Nobia Acquires Poggenpohl

M&A Deal Summary

Nobia Acquires Poggenpohl

On April 28, 2000, Nobia acquired consumer products company Poggenpohl from Skanska

Acquisition Highlights
  • This is Nobia’s 1st transaction in the Consumer Products sector.
  • This is Nobia’s 1st transaction in Germany.
Investment Fate
  • Poggenpohl was divested to a consortium of buyers in 2016 for 10M EUR.
  • Poggenpohl was sold to a strategic buyer in 2020.

M&A Deal Summary
Date 2000-04-28
Target Poggenpohl
Sector Consumer Products
Buyer(s) Nobia
Sellers(s) Skanska
Deal Type Divestiture

Target

Poggenpohl

Herford, Germany
Poggenpohl is a designer, manufacturer and marketer of kitchen products. Poggenpohl was founded in 1892 and is based in Herford, Germany.

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Buyer(S) 1

Buyer

Nobia

Stockholm, Sweden
Category Company
Founded 1996
Sector Consumer Products
Employees4,042
Revenue 10.5B SEK (2024)
DESCRIPTION

Nobia is a manufacturer and retailer of kitchen interior products in Europe. The company sells its products directly to consumers and to the construction industry under some 20 different brands such as Marbodal, HTH, Novart, Norema, Poggenpohl, and Magnet. Nobia was formed in 1996 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 5
Sector: Consumer Products M&A 1 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2000 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 Gower Furniture

West Yorkshire, United Kingdom

Gower manufactures own label kitchen and bathroom furniture solutions and generates value by utilising economies of scale, leveraging Group competencies on areas such as raw material sourcing.

Buy £36M

Seller(S) 1

SELLER

Skanska

Stockholm, Sweden
Category Company
Founded 1887
Sector Construction
Employees25,929
Revenue 176.5B SEK (2024)
DESCRIPTION

Skanska is a development and construction group, concentrated on selected home markets in the Nordic region, other European countries, and the Americas. With a focus on green construction, ethics, occupational health and safety, Skanska offers competitive solutions, not least for the most complex assignments. Skanska was founded in 1887 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 10
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 10
Country: Germany M&A 1 of 1
Year: 2000 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-05 Exbud SA

Kielce, Poland

Exbud SA is a construction company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-27 IPS Praha a.s

Czech Republic

IPS Praha a.s is a construction company.

Buy -
Mergr

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