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HORNBACH HOLDING AG is the parent company of the HORNBACH Group. It is not itself an operating company, but has a number of major subsidiaries.
By far the largest and most important subsidiary is HORNBACH-Baumarkt-AG, which operates DIY megastores in Germany and abroad. The retail activities of the Group are supple-mented by HORNBACH Baustoff Union GmbH, which is active in the construction materials and builders’ merchants business and mainly has commercial customers.
The development and utilization of first-class retail real estate constitutes a further business activity of HORNBACH HOLDING AG. This is undertaken in part by HORNBACH Immobilien AG, which owns much of the extensive real estate portfo-lio of the HORNBACH Group.
The share capital of HORNBACH HOLDING AG is divided equally between ordinary and non-voting preference shares. 82.6% of the four million preference shares (ISIN DE0006083439) are owned by independent shareholders and 17.4% are held by the British retail group and our strategic partner Kingfisher plc.
75% of the four million unlisted ordinary shares (representing 37.5% of the total capital) are owned by the Hornbach family. Kingfisher holds 25% plus one share of the voting capital (representing 12.5% plus one share of the total capital).
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