Topp Holding AG has acquired a minority stake in Heinrich Hugendubel Beteiligungs GmbH & Co. KG, strengthening the partnership while the Hugendubel family retains majority ownership and control.

Information on the Target

Heinrich Hugendubel Beteiligungs GmbH & Co. KG, commonly referred to as Hugendubel, is a prominent bookselling enterprise based in Munich, Germany. It is recognized as the second-largest bookselling chain in the country, operating over 100 retail locations and employing approximately 1,600 individuals. Founded and managed by the Hugendubel family, the company is currently in its fifth generation of leadership under Nina Hugendubel and Dr. Maximilian Hugendubel, who play pivotal roles in the continuation of the family business.

Hugendubel has established itself as a key player in the German book retail industry, offering a wide selection of literature and related products. The company has built a reputation for its commitment to customer service, literary culture, and community engagement, making it a favorite destination for book lovers in Germany.

Industry Overview in Germany

The book retail industry in Germany is characterized by a robust infrastructure of independent bookstores, chains, and online platforms. The market has benefitted from a resilient consumer base with a strong appreciation for re