Hofmann + Zeiher GmbH acquires the sales activities of Rühle GmbH to strengthen its market position in the German PBS industry.
Information on the Target
Hofmann + Zeiher GmbH (H+Z), based in Pfungstadt, is a medium-sized wholesale company operating in the paper, office, and stationery (PBS) sector. As a significant player in the German market with revenues in the double-digit millions, H+Z has positioned itself as a leading distributor in the PBS industry. On July 13, 2015, H+Z expanded its operations by acquiring the sales activities of Rühle GmbH, located in Essenbach near Landshut, thereby enhancing its market presence.
The acquisition will see H+Z managing the logistical operations for Rühle's clientele through its central warehouse in Pfungstadt. This strategic move is part of H+Z's ongoing efforts to consolidate its position within the competitive PBS market.
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Industry Overview in Germany
The PBS sector in Germany has been experiencing significant consolidation pressure over recent years, driven by various factors, including digitalization and shifting consumer preferences. C
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Hofmann + Zeiher GmbH
invested in
Rühle GmbH
in 2015
in a Merger deal