MTH Takes Over Schlecker´ Subsidiary

CompaniesRetail & Consumer ♦ Published: July 20, 2012; 15:37 ♦ (Vindobona)

MTH, the investment company of the Austrian industrialist Josef Taus acquires 109 branches of IhrPlatz, a subsidiary of the insolvent German chemist chain.

MTH Takes Over Schlecker´ Subsidiary / Picture: © Schlecker

„On Friday, we will sign the contract with the Austrian MTH Retail Group.“ the insolvency manager of IhrPlatz Werner Schneider said. „We talk about 109 branches.“ Josef Taus confirmed. MTH Group already operates discount shops and book stores in Germany and Austria. MTH aims to merge IhrPlatz with the existing branch network and to rescue as many jobs as possible. IhrPlatz runs…