Six German Retail Properties - the Louis Group International ...

convenant details
Lidl
Lidl is a discount supermarket chain of German origin
that operates 5,000 stores across 17 European countries
with an annual turnover of circa $46 billion.
A member of the Schwarz group of companies, which
also owns the store chains Handelshof and Kaufland, the
first Lidl store of was opened in 1973. Lidl is Germany's
second largest discount supermarket chain, Aldi being
the largest.
Plus Retail
Plus, which is part of the Tengelmann Group, operates
approx. 2,800 stores in Germany alone, with a further
1,000 across Austria, Spain, Portugal, Hungary, Poland
and the Czech Republic. Although 28% of the company's
€8.6 billion in sales are already generated outside of
Germany, the focus on European expansion will continue
with Romania and Greece the immediate objectives.
The market leader in the food discount sector in Hungary,
Plus was also singled out by consumer organizations in
Spain and Portugal as the lowest-cost food retailer.
Furthermore, Plus Online Shop has become one of the
top ten German internet mail order retailers.
properties germany
Rewe
Rewe was founded in Cologne in 1927 when 17 purchasing
co-operatives joined forces, and now, 80 successful years
later, the Rewe Group's operations cover food retailing,
travel and tourism, DIY stores, gardening stores, specialist
consumer electronics stores and even drugstores.
At the conclusion of the 2005 financial year, the group
operated 12,000 stores in 14 European countries,
employing 260,000 people and generating a net turnover
of €41.7 billion, making Rewe the 3rd largest retailing
group in Europe and the 9th largest in the world.
Takko
One of the largest fashion discounters in Germany, Takko
passes on the benefits of its huge purchase volumes to
its customers in the form of lower prices. Founded in
1982 by the Hettlage Group, a majority shareholding was
purchased by the Tengelmann Group in 1990. In 1999
the business underwent a management buy out, at which
time it was renamed Takko ModeMarkt GmbH & Co. KG.
With currently 1,000 branches, Takko plans to openg a
further 100 branches per year. Takko currently operates
in Germany, Austria, the Netherlands, Hungary and the
Czech Republic.
Private Placement Memorandum Six German Retail Properties
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