Thailand's Central Group Acquires Germany's Kadewe Group
Real Estate

Thailand's Central Group Acquires Germany's Kadewe Group

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement