Wourth Group has entered into an investment agreement with Peter Hahn GmbH, aimed at reorganizing and terminating Peter Hahn’s self-administered insolvency proceedings. The partnership is expected to enhance both companies’ market presence, particularly in the DACH region and the Netherlands. Following the completion of the investment, anticipated in September 2024, Peter Hahn will continue its operations independently, retaining its approximately 500 employees. The investment aligns with Wourth Group’s strategic objectives, as both companies share complementary customer bases, market routes, and business operations.
Fashion and Lifestyle, Private Equity, Direct Commerce,Germany, Western Europe, Netherlands