Austrian XXXLutz group aiming to acquire 50% share in Polish Black Red White Group

Production companies in eastern Europe to continue to run independently

The XXXLutz group of Wels, Austria, wants to purchase a 50% share in the furniture manufacturer and dealer Black Red White Group (BRW Group) of Biłgoraj, Poland. The transaction is still subject to approval from the competition authorities. BRW Group currently has around 7,900 employees. The company’s manufactures i...

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