In an official press release the German retail chain ORION Fachgeschäfte GmbH announced the acquisition of ten Beate Uhse shops. The acquisition should be completed by middle of the year. “We have been in talks to the management of Beate Uhse since last year to see which shop location fits in our portfolio”, Heike Susemichel, CEO of ORION Fachgeschäfte, says. The contract was signed in mid-February. The Beate Uhse shops in Augsburg, Böblingen, Düsseldorf, Handewitt, Leipzig, Ludwigsburg, Mannheim, Pforzheim, Ulm and Weiterstadt will now be transformed into ORION Fachgeschäfte shops.
Last year, ORION Fachgeschäfte already acquired five retail shops from the Magic X Retail GmbH in the southern part of Germany.