PropertyEU

MTH buys 184 Mac Geiz stores in Germany

By A staff reporter 2010-08-30T00:00:00

Austrian firm Management Trust Holding (MTH) has acquired a portfolio of 184 discount stores in eastern Germany from the insolvent Mac Geiz household retail chain. The announcement of the sale of the operating and property businesses which employ a total staff of 1,300 was made on Friday by administrator Rainer ...

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