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B&Q expanded into China during 1999, building up a chain of nearly 40 shops, but opted to sell a 70% controlling stake of operations in China to Wumart in 2015, due to poor sales. [50] B&Q's parent company had previously sold its 50% stake in B&Q Taiwan in 2007 in order to focus on what was then a rapidly growing business in China. [13]
Hornbach Baumarkt AG (German pronunciation: [ˈhɔʁnˌbax] ⓘ) is a German DIY-store chain offering home improvement and do-it-yourself goods. Hornbach is one of the leading DIY-store chains in Germany. In the 2020/2021 financial year (March 1, 2020 to February 28, 2021), the Hornbach Baumarkt Group generated sales of Euro 5.1 billion. [1]
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