Takkt AG (TTK.DE) XETRA

5.10

+0(+0.00%)

Updated at September 05 05:36PM

Currency In EUR

Takkt AG

Address

Presselstrasse 12

Stuttgart, 70191

Germany

Phone

49 711 3465 80

Sector

Industrials

Industry

Business Equipment & Supplies

Employees

2154

First IPO Date

September 16, 1999

Key Executives

NameTitlePayYear Born
Mr. Andreas Georg WeishaarChief Executive Officer & Chairman of the Management Board496,2001973
Mr. Lars BolschoChief Financial Officer & Member of Management Board425,0001978

Description

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands. The Office Furniture & Displays segment provides office equipment, including office chairs and desks, conference tables and furniture for reception areas under the National Business Furniture (NBF) and OfficeFurniture.com brands; and advertising banners, digital display stands, mobile trade booths, and fixtures under the Displays2Go's and Mydisplays brands. The Foodservice segment offers meal and food preparation and presentation products, such as pots, pans, ice machines, and deep fryers for hotels, restaurants, and catering. This segment also provides buffet equipment, including serving platters and food baskets under the Hubert brand; and various equipment and supplies required for the operation of small to mid-sized restaurants comprising kitchen stoves and freezers under the Central brand. It offers its products through catalogs, webshops, and telephone sales. The company was founded in 1945 and is based in Stuttgart, Germany. TAKKT AG is a subsidiary of Franz Haniel & Cie. GmbH.