on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Strengthens Presence in Furniture Sector
The Platform Group AG, based in Düsseldorf, continues its strategic expansion in the furniture industry. Its subsidiary, Digitec Living Brands GmbH, has acquired a stake in PMR Handels GmbH, a Berlin-based company known for its online furniture shops, including Sofa-dreams.com. PMR operates across 12 countries with plans to maintain its operational independence and current management.
Dr. Dominik Benner, CEO of The Platform Group AG, emphasized the importance of this investment in enhancing their market position. Christopher Lauth, Managing Director of Digitec Living Brands, noted that the partnership aims to integrate more manufacturers, and optimize logistics and marketing through strategic efficiencies.
The Platform Group AG, with operations in 27 industries, aims for robust growth, following 2024 sales of EUR 525 million and an EBITDA of EUR 33 million.
R. P.
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