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The Otto Group (Otto GmbH & Co KG) is a German retail company based in Hamburg that operates companies worldwide in the retail, e-commerce, financing, logistics and mail order sectors. [ 2 ] [ 3 ] In 2023, the Group generated sales of €16.2 billion and had around 41,186 employees.
The company became known as Otto & Sons in 1928. ... In 2018, the merger of Turi Foods and OSI International Foods (Australia) created Turosi Pty Ltd. [21]
In November 2020 Advent International announced it would partner with the current management team to acquire a 75% stake in Hermes UK. [4] Otto Group would continue to own 25% of the company. Advent would also acquire a 25% stake in Hermes Germany, which includes other Hermes Germany Group companies, including BorderGuru and a share in the ...
Otto GmbH: Consumer services Broadline retailers Hamburg: 1949 Mail order company P A Otto Bock: Health care Medical equipment Duderstadt: 1919 Wheel chairs, prosthetics P A Paulaner Brewery: Consumer goods Brewers Munich: 1634 Brewery, part of Brau Holding International: P A PCC: Basic materials Speciality chemicals Duisburg: 1993 Chemicals ...
In December 2009, William S. Hollands was named chief merchant overseeing the Bombay Company operating unit, which manages the U.S. licensing agreement with Bombay Brands LLC, during its re-emergence as a retail brand in the United States. [4] In 2011, Bombay was purchased by Hermes-Otto International, a subsidiary of Otto. [5]
In the 1980s and 1990s, the company grew through acquisitions in Germany, through expansion in Europe, and through expansion of its range of services. [8] [9] In 2000 the EOS Holding was established, [10] introducing the umbrella brand EOS. [8] The company entered the US when it took over Collecto in 2001, a company founded in 1992.
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