Almost seven months after the merger of the two department store chains, the SIGNA Group acquired all shares in the Galeria Karstadt Kaufhof department store group in June 2019. This resulted in Germany’s number one department store chain (number two in Europe).

In 2018, SIGNA and HBC had merged the two department store chains under the operative management of SIGNA. Since then, the management team has initiated a comprehensive integration process. The goal is to make the department stores future-proof and to create one of the leading omnichannel providers in the digital age.

As a part of the agreement, SIGNA also acquired all shares of the previously joint European real estate portfolio from HBC. Previously, the two companies had each owned 50 % of the portfolio.

Just a few months after the successful merger, a new umbrella brand was introduced, and the two department stores were united under it. “Galeria Karstadt Kaufhof". The brand’s core and promise: “We make life easier and shopping more fun for our customers – in the city and everywhere else."

Galeria Karstadt KaufhofManagement

Jörg Peter Schmiddem

Jörg Peter Schmiddem

Jörg Peter Schmiddem, born 1962, has overseen strategic supplier management at Galeria Karstadt Kaufhof since November 2018. He looks back on more than 25 years of retail experience. During his career he has held various executive and management positions at leading international retail groups, including METRO AG and REWE AG. He is looked upon as a non-food expert in the industry and has deep and broad market and product knowledge in such areas as textiles, household, sports, toys, seasonal, books, media, electronics and food.

Miguel Müllenbach

Miguel Müllenbach

Miguel Müllenbach, born 1975, has been the CFO of Galeria Karstadt Kaufhof since November 2018. Mr Müllenbach had been CFO of Karstadt Warenhaus GmbH since 2012 and previously held various positions at Karstadt since April 2005. His priorities as CFO are controlling, finance and accounting, taxation and legal affairs. He also oversees facility management, real estate, supply chain and IT.

Just a few months after the successful merger, a new umbrella brand for the two chains has now been introduced. A new logo has been displayed at Karstadt and Galeria Kaufhof stores across Germany since the end of March 2019: Galeria Karstadt Kaufhof.

The brand’s essence and promise: ‘We make shopping more enjoyable and life easier for our customers: in the city and beyond.’

The new brand’s colour scheme is based on the chains’ respective corporate designs – green is Galeria Kaufhof’s corporate colour, while blue has traditionally been associated with Karstadt. These colours merge into each other on the new logo, which also includes a handle symbolising a shopping bag.