Thailand's Central Group Acquires Germany's Kadewe Group

15 Apr 2024 CW Team

Thailand's Central Group has completed the acquisition of Kadewe Group, a prominent retail entity in Germany. This strategic move marks Central Group's foray into the European market and underscores its ambition to expand its global footprint in the retail sector.

The acquisition of Kadewe Group aligns with Central Group's growth strategy, aimed at diversifying its business portfolio and strengthening its presence in key international markets. The move also reflects Central Group's confidence in the resilience and potential of the European retail landscape.

Kadewe Group, renowned for its iconic Kadewe department store in Berlin, offers Central Group a strategic entry point into the German retail market and access to a well-established customer base. The acquisition presents opportunities for synergies and collaboration, enhancing Central Group's competitiveness in the global retail arena.

Central Group's acquisition of Kadewe Group highlights the growing trend of cross-border investments and strategic partnerships in the retail industry. By expanding its operations into Europe, Central Group aims to leverage Kadewe Group's brand reputation and market expertise to drive growth and innovation.

As Central Group consolidates its position in the European retail market through the acquisition of Kadewe Group, stakeholders anticipate the development of new business opportunities and the emergence of innovative retail experiences. The acquisition reaffirms Central Group's commitment to driving value creation and delivering exceptional retail offerings to customers worldwide.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..