Knowledge

Praktiker

Source 📝

292: 27: 277: 202: 262: 405:
The Praktiker management began in late 2012 with the transformation of 119 Praktiker stores to Max Bahr stores. At the end of this process in December 2013 Germany should have 117 Praktiker and 196 Max Bahr outlets, at the beginning of that process there were 236 Praktiker and 78 Max Bahr stores.
345:
at the Hamburg district court the following day for the eight domestic subsidiaries, including Extra Bau+Hobby. The insolvency application for Praktiker AG was filed on July 12, 2013 at the Saarbrücken District Court and on 25 July 2013 for the Max Bahr subsidiary. The Praktiker and Extra stores
333:
In contrast to most of its German competitors, the company grew up by buying up various small DIY chains and building material stores. In addition, there was expansion into the new federal states and other European countries in the 1990s. After Metro AG's withdrawal as shareholder in 2006, the
782: 410:
to buy 59 Max Bahr stores in November 2013. All Praktiker, Extra Bau+Hobby and Max Bahr stores were closed by the end of November 2013 (Praktiker, Extra, 40 Max Bahr stores) or at the end of February 2014 (remaining Max Bahr stores).
406:
Because of the insolvency applications in July 2013 all those plans are stopped, with 54 former Praktiker stores already transferred to Max Bahr outlets. The companies Hellweg and Globus failed to reach an agreement with the
786: 523:
were sold to Papag AG in March 2014. However the group was declared bankrupted in 2017, and all the stores were closed, part of the former Praktiker stores are now part of the Castorama network detained by Kingfisher.
428:
subsidiary, Praktiker EOOD, was sold to Videolux Holding AD. The company which operates electronics retailer Technopolis, opened two new stores and reconstructed all Praktiker stores in the end of 2017.
454:, Praktiker initially closed the 9 stores after it failed to find a buyer. Later stores were bought by Uygulama Yapı Marketleri Inc. and were reopened, followed by the opening of new stores. 913: 1068: 756: 373:
In 1979 Praktiker opened its first four stores in Germany. Over the years Praktiker took over many smaller companies and changed most of their stores into Praktiker stores:
616: 353:. All of them were sold to other companies between 2013 and 2015. The name Praktiker continues to be used by former subsidiaries in Bulgaria, Greece, Hungary and Turkey. 851: 942: 742: 334:
company experienced an existential crisis and posted high losses for years. Despite intensive efforts and considerable financial injections, the attempts to
1053: 318:
after the merger of ASKO with Metro Cash & Carry in 1995. It was spun off under the name Praktiker Holding in November 2005 and listed on the
641: 921: 1048: 1063: 869: 688: 957: 570: 497:. The stores were sold on February 11, 2014 to Ukrainian investor Kreston Guarantee Group. The network was rebranded in 2017 as 1043: 179: 474:
were sold in October 2013. Now the bâtiself stores were rebranded and are not anymore related to the Praktiker brand.
703: 833: 1005: 723: 356:
In 2016 two German businessmen acquired the naming rights and opened under praktiker.de a home improvement
1000: 674: 602: 447:
Praktiker stores were sold to Papag AG in January 2015, and again to Wallis Group in January 2016.
1038: 319: 51: 808: 1058: 407: 798:
Praktiker: Fairfax Financial Holding erwirbt Praktiker-Gesellschaft in Griechenland (German)
467: 251: 887: 8: 1022: 1016: 1010: 26: 662: 590: 346:
were closed on 30 November 2013, followed by the Max Bahr stores on February 25, 2014.
37: 437: 508:, was sold to Search Chemicals in February 2014,. In 2017, 20 stores were bought by 55: 513: 229: 98:
that had no effect on external subsidies. All sold to other companies in 2013-2015
314:
under the name bâtiself. Initially owned by ASKO, the chain became a division of
708: 509: 303: 155: 1032: 543: 335: 159: 45: 498: 357: 743:"Renaissance im Internet: Das zweite Leben von Praktiker, Hertie und Co" 350: 342: 311: 194: 95: 76: 291: 471: 276: 266: 490: 425: 315: 65: 617:"Praktiker rutscht tiefer in die roten Zahlen – Aktie bricht ein" 539: 528: 505: 482: 478: 444: 419: 307: 285: 281: 270: 110: 106: 870:"Turkish do-it-yourself chain applies for bankruptcy protection" 535:. It was closed on November 30, 2011 due to the restructuring. 532: 520: 451: 433: 122: 463: 261: 214: 995: 990: 985: 914:"Weitere Auslandsfilialen der Praktiker-Baumärkte verkauft" 494: 486: 327: 323: 1069:
Companies formerly listed on the Frankfurt Stock Exchange
386:
1993: "BLV", "MHB", "Massa", "Huma", "Extra", "Real-Kauf"
724:"Praktiker says Max Bahr units to file for insolvency" 542:, the company had planned to open a store in 2009 in 504:
Praktiker Romania S.R.L. which operated 27 stores in
481:, the first store was opened on November 29, 2007 in 146:(Insolvency administrator Praktiker and Extra stores) 531:, the first store was opened on October 30, 2009 in 852:"German DIY chain Praktiker withdraws from Turkey" 1030: 740: 306:chain which operated in Europe. It was based in 958:"Praktiker Poland has vanished from the market" 436:was sold on April 8, 2014 to Canadian investor 834:"Wallis Group buys Hungarian Praktiker stores" 420:Former subsidiaries still using Praktiker name 349:External subsidiares were not affected by the 757:"Neun Praktiker-Märkte in Bulgarien verkauft" 704:"Praktiker DIY stores to file for insolvency" 462:The three Luxembourgian "bâtiself" stores in 565: 563: 561: 559: 341:On July 10, 2013 Praktiker AG filed for 290: 275: 260: 1054:Retail companies disestablished in 2014 689:"METRO AG prepares for Praktiker's IPO" 136:(Insolvency administrator Praktiker AG) 1031: 888:"Мережа Praktiker закрилася в Україні" 701: 457: 322:. Since 2006 until 2011 was listed on 310:and opened its first store in 1978 in 280:Interior view of a Praktiker store in 556: 1049:Retail companies established in 1978 943:Kingfisher buys Praktiker in Romania 1064:Defunct retail companies of Romania 141:(Insolvency administrator Max Bahr) 16:German defunct hardware store chain 13: 643:Praktiker Group Annual Report 2012 572:Praktiker Group Annual Report 2010 14: 1080: 979: 395:1998: 25 "Extra" franchise stores 201: 200: 25: 950: 936: 906: 880: 862: 844: 826: 801: 783:"Pressearchiv 2014 - Praktiker" 741:internetworld.de (2016-10-30). 775: 749: 734: 716: 695: 681: 634: 609: 1: 549: 546:, but it was canceled later. 363: 326:and since 2011 until 2013 on 892:Асоціація рітейлерів України 691:. Metro AG. 27 October 2005. 383:1991: "Esbella", "Continent" 7: 519:The 24 Praktiker stores in 10: 1085: 1044:Companies based in Hamburg 401:2006: 76 "Max Bahr" stores 368: 414: 398:2000: 27 "Top-Bau" stores 392:1997: 60 "Wirichs" stores 389:1996: 27 "Bauspar" stores 242: 227: 212: 192: 177: 166: 151: 128: 116: 102: 91: 83: 71: 61: 43: 33: 24: 380:1985: 12 "Wickes" stores 320:Frankfurt Stock Exchange 485:, three more opened in 809:"Eladták a Praktikert" 408:Royal Bank of Scotland 377:1979: 9 "BayWa" stores 296: 288: 273: 702:DW.com (2013-07-11). 294: 279: 265:A Praktiker store in 264: 962:Diyinternational.com 295:Praktiker activities 139:Jens-Sören Schröder 876:. 27 February 2019. 858:. 11 February 2013. 512:, and rebranded as 458:Former subsidiaries 244:Number of employees 144:Christopher Seagon 21: 991:Praktiker Bulgaria 763:. 28 February 2014 621:Focus Money Online 297: 289: 274: 38:Aktiengesellschaft 19: 1023:Praktiker Ukraine 1017:Praktiker Romania 1001:Praktiker Hungary 438:Fairfax Financial 259: 258: 255: 238: 223: 208: 188: 173: 147: 142: 137: 1076: 1011:Praktiker Poland 1006:Praktiker Turkey 996:Praktiker Greece 973: 972: 970: 968: 954: 948: 947: 940: 934: 933: 931: 929: 920:. Archived from 910: 904: 903: 901: 899: 884: 878: 877: 866: 860: 859: 848: 842: 841: 830: 824: 823: 821: 819: 805: 799: 797: 795: 794: 785:. Archived from 779: 773: 772: 770: 768: 753: 747: 746: 738: 732: 731: 720: 714: 713: 699: 693: 692: 685: 679: 678: 672: 668: 666: 658: 656: 654: 648: 638: 632: 631: 629: 628: 613: 607: 606: 600: 596: 594: 586: 584: 582: 577: 567: 249: 236: 232: 221: 217: 206: 204: 203: 186: 180:Operating income 171: 156:Home improvement 145: 140: 135: 29: 22: 18: 1084: 1083: 1079: 1078: 1077: 1075: 1074: 1073: 1039:Hardware stores 1029: 1028: 982: 977: 976: 966: 964: 956: 955: 951: 945: 941: 937: 927: 925: 924:on 2 April 2015 912: 911: 907: 897: 895: 894:. 20 April 2017 886: 885: 881: 868: 867: 863: 850: 849: 845: 832: 831: 827: 817: 815: 807: 806: 802: 792: 790: 781: 780: 776: 766: 764: 755: 754: 750: 739: 735: 722: 721: 717: 700: 696: 687: 686: 682: 670: 669: 660: 659: 652: 650: 646: 640: 639: 635: 626: 624: 615: 614: 610: 598: 597: 588: 587: 580: 578: 575: 569: 568: 557: 552: 460: 422: 417: 371: 366: 254:, average 2011) 245: 235:€839.9 million 228: 220:€2.031 billion 213: 205:(€554 million) 197: 182: 170:€3.448 billion 143: 138: 131: 119: 48: 17: 12: 11: 5: 1082: 1072: 1071: 1066: 1061: 1056: 1051: 1046: 1041: 1027: 1026: 1020: 1014: 1008: 1003: 998: 993: 988: 981: 980:External links 978: 975: 974: 949: 935: 905: 879: 861: 843: 825: 800: 774: 748: 733: 715: 709:Deutsche Welle 694: 680: 671:|website= 633: 608: 599:|website= 554: 553: 551: 548: 510:Kingfisher plc 459: 456: 421: 418: 416: 413: 403: 402: 399: 396: 393: 390: 387: 384: 381: 378: 370: 367: 365: 362: 304:hardware store 257: 256: 246: 243: 240: 239: 233: 225: 224: 218: 210: 209: 198: 193: 190: 189: 185:€35.3 million 183: 178: 175: 174: 168: 164: 163: 153: 149: 148: 132: 129: 126: 125: 120: 117: 114: 113: 104: 100: 99: 93: 89: 88: 85: 81: 80: 73: 69: 68: 63: 59: 58: 49: 44: 41: 40: 35: 31: 30: 15: 9: 6: 4: 3: 2: 1081: 1070: 1067: 1065: 1062: 1060: 1059:German brands 1057: 1055: 1052: 1050: 1047: 1045: 1042: 1040: 1037: 1036: 1034: 1024: 1021: 1018: 1015: 1012: 1009: 1007: 1004: 1002: 999: 997: 994: 992: 989: 987: 984: 983: 963: 959: 953: 946:(in Romanian) 944: 939: 923: 919: 915: 909: 893: 889: 883: 875: 874:Ahvalnews.com 871: 865: 857: 853: 847: 839: 835: 829: 814: 810: 804: 789:on 2014-04-09 788: 784: 778: 762: 758: 752: 744: 737: 730:. 2013-07-25. 729: 725: 719: 711: 710: 705: 698: 690: 684: 676: 664: 645: 644: 637: 622: 618: 612: 604: 592: 574: 573: 566: 564: 562: 560: 555: 547: 545: 541: 536: 534: 530: 525: 522: 517: 515: 511: 507: 502: 500: 496: 492: 488: 484: 480: 475: 473: 469: 465: 455: 453: 448: 446: 441: 439: 435: 430: 427: 412: 409: 400: 397: 394: 391: 388: 385: 382: 379: 376: 375: 374: 361: 359: 354: 352: 347: 344: 339: 337: 331: 329: 325: 321: 317: 313: 309: 305: 302:was a German 301: 293: 287: 283: 278: 272: 268: 263: 253: 247: 241: 234: 231: 226: 219: 216: 211: 199: 196: 191: 184: 181: 176: 169: 165: 161: 160:garden centre 157: 154: 150: 133: 127: 124: 121: 115: 112: 108: 105: 101: 97: 94: 90: 86: 82: 78: 74: 70: 67: 64: 60: 57: 53: 50: 47: 42: 39: 36: 32: 28: 23: 986:Praktiker.de 965:. Retrieved 961: 952: 938: 926:. Retrieved 922:the original 918:finanzen.net 917: 908: 896:. Retrieved 891: 882: 873: 864: 855: 846: 837: 828: 816:. Retrieved 812: 803: 791:. Retrieved 787:the original 777: 765:. Retrieved 760: 751: 736: 727: 718: 707: 697: 683: 651:. Retrieved 642: 636: 625:. Retrieved 623:. 2012-03-28 620: 611: 579:. Retrieved 571: 537: 526: 518: 503: 499:Leroy Merlin 476: 461: 449: 442: 431: 423: 404: 372: 358:online store 355: 348: 340: 332: 300:Praktiker AG 299: 298: 230:Total equity 215:Total assets 103:Headquarters 34:Company type 856:Reuters.com 649:. p. 2 514:Brico Dépôt 336:restructure 134:Udo Gröner 118:Area served 1033:Categories 793:2014-04-09 627:2012-03-28 550:References 432:Praktiker 364:Operations 351:bankruptcy 343:insolvency 312:Luxembourg 237:(end 2010) 222:(end 2010) 195:Net income 130:Key people 96:Bankruptcy 77:Luxembourg 1025:(Archive) 1019:(Archive) 1013:(Archive) 673:ignored ( 663:cite book 601:ignored ( 591:cite book 472:Ingeldorf 445:Hungarian 426:Bulgarian 267:Bucharest 66:Retailing 46:Traded as 20:Praktiker 813:Origo.hu 761:DIE WELT 581:10 April 544:Chişinău 491:Mykolaiv 468:Strassen 338:failed. 316:Metro AG 152:Products 62:Industry 967:23 June 898:23 June 728:Reuters 653:10 July 540:Moldova 529:Albania 506:Romania 483:Donetsk 479:Ukraine 443:The 19 369:Germany 308:Hamburg 286:Germany 282:Neu-Ulm 271:Romania 248:19,523 167:Revenue 111:Germany 107:Hamburg 84:Defunct 72:Founded 54::  838:Bbj.hu 533:Tirana 521:Poland 452:Turkey 434:Greece 415:Europe 207:(2011) 187:(2010) 172:(2010) 162:retail 123:Europe 75:1978 ( 928:2 May 818:2 May 767:2 May 647:(PDF) 576:(PDF) 464:Foetz 969:2019 930:2015 900:2019 820:2015 769:2015 675:help 655:2013 603:help 583:2011 495:Kyiv 493:and 487:Lviv 470:and 424:The 328:SDAX 324:MDAX 158:and 92:Fate 87:2014 538:In 527:In 477:In 450:In 252:FTE 56:PRA 52:FWB 1035:: 960:. 916:. 890:. 872:. 854:. 836:. 811:. 759:. 726:. 706:. 667:: 665:}} 661:{{ 619:. 595:: 593:}} 589:{{ 558:^ 516:. 501:. 489:, 466:, 440:. 360:. 330:. 284:, 269:, 109:, 971:. 932:. 902:. 840:. 822:. 796:. 771:. 745:. 712:. 677:) 657:. 630:. 605:) 585:. 250:( 79:)

Index

Praktiker logo
Aktiengesellschaft
Traded as
FWB
PRA
Retailing
Luxembourg
Bankruptcy
Hamburg
Germany
Europe
Home improvement
garden centre
Operating income
Net income
Total assets
Total equity
FTE

Bucharest
Romania

Neu-Ulm
Germany

hardware store
Hamburg
Luxembourg
Metro AG
Frankfurt Stock Exchange

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.