Pfister Group has been acquired by XXXLutz KG
The F.G. Pfister Holding AG has sold its furniture retail business to XXXLutz KG.
F.G. Pfister Holding AG, headquartered in Suhr, through its subsidiaries, is a leading Swiss group active in the furniture retail market, employing around 1,800 people. Möbel Pfister AG is the group’s largest entity, offering a range of furniture, products and accessories for living, eating and sleeping. Möbel Pfister operates three furniture centers, twelve furniture stores and five city branches. The group has been sold with its three other furniture shops Möbel Egger, Möbel Svoboda, Möbel Hubacher as well as Pfister Professional and Pfister Vorhang Service.
XXXLutz is a family-run company from Upper Austria, employs 22,200 people and is present in twelve European countries with 297 furniture stores. XXXLutz is the second largest furniture specialist in Europe. With the acquisition of the Möbel Pfister Group, XXXLutz will continue its international growth path and will strengthen its presence in Switzerland.
F.G. Pfister Holding AG is owned by F.G. Pfister Foundation, which manages the legacy of Fritz Gottlieb Pfister, the founder of Möbel Pfister.
Oaklins’ team in Switzerland supported the board of directors of F.G. Pfister Holding AG and the council of the foundation during the entire sale process as exclusive M&A advisor. The team found an optimal solution for all parties and stakeholders.
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