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sur HORNBACH Holding AG & Co. KGaA (NASDAQ:HBBHF)

HORNBACH Plans New Store Openings in Germany and Europe

HORNBACH Baumarkt AG, a leading European DIY retailer, is set to expand with new store openings in Germany and across Europe by spring 2027. Following the insolvency of Hellweg, HORNBACH will take advantage of the opportunity to strengthen its presence and support more customer projects. Six new locations in Germany will be opened, including Ahrensfelde, Berlin-Köpenick, Dortmund-Kley, Essen-Borbeck, Freiberg in Sachsen, and St. Augustin.

The expansion move will also involve new openings in other European countries. The plans include a new flooring store in the Netherlands and several future stores in Serbia. HORNBACH's CEO Erich Harsch emphasizes the significance of seizing such short-notice opportunities to increase their market share in the DIY sector. New stores will aim for project-focused offerings, consistent with HORNBACH’s reputation as a project partner and price leader.

R. H.

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