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| Industry | Retail (Home Improvement) |
|---|---|
| Founded | 1977 |
| Headquarters | Bornheim, Germany |
Key people | Albrecht Hornbach Erich Harsch |
| Products | Home improvement products such as home appliances, tools, household hardware, and garden supplies & plants. |
| Revenue | EUR 5.12 billion |
Number of employees | 22,136 (Feb 2021) |
| Website | [1] |
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Hornbach Baumarkt AG is a German DIY-store chain offering home improvement and do-it-yourself goods. Hornbach is one of the leading DIY-store chains in Germany. In the 2020/2021 financial year (March 1, 2020 to February 28, 2021), the Hornbach Baumarkt Group generated sales of Euro 5.1 billion.[1] The stores are owned and operated by Hornbach Baumarkt AG.[2]
The Hornbach Baumarkt Group currently operates a total of 171 DIY megastores[2] with garden centers and online stores in nine European countries, of which 96 stores are located in Germany (plus: Austria, the Netherlands, the Czech Republic, Luxembourg, Switzerland, Sweden, Slovakia, and Romania), as well as two specialist stores for hard flooring (Bodenhaus) in Germany.
Until March 2014, it was 21% owned by Kingfisher plc, a UK company, who also own the B&Q and Castorama DIY chains. Kingfisher sold off the interests as it was planning expansion in new markets that would be in direct competition with Hornbach. Kingfisher has since launched its Screwfix stores in Germany and Brico Dépôt stores in Romania, where Hornbach operates.
- ^ "Annual Report 2020/21" (PDF). Hornbach Holding: Annual Report 2020/21 of Hornbach Baumarkt AG Group.
- ^ a b Köln, RM Handelsmedien GmbH & Co KG, Rudolf Müller Mediengruppe. "Hornbach bestätigt verhaltene Umsatzprognose". baumarktmanager.de. Retrieved 2023-07-17.
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