Nobia selling Poggenpohl to Adcuram Group

Adcuram notifies the take-over to authorities

The Swedish kitchen furniture manufacturer Nobia AB of Stockholm has come to an agreement with the industrial holding company Adcuram Group AG of Munich on the sale of Poggenpohl Möbelwerke GmbH of Herford. For a cash settlement of approximately €10m Adcuram is acquiring 98.57% of the shares in Poggenpohl, giving ...

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