In January, TAKKT sold the North American Plant Equipment Group (PEG) to Global Industrial. The sale price was USD 25 million free of financial liabilities. The sale of PEG freed up resources which TAKKT intends to use to further develop itself as an integrated multi-channel company.
The acquisition of the American company Post-Up Stand in April represented a further important step in positioning itself as a multi-channel company. The specialist for customised printed marketing displays has a high degree of expertise in digital printing technology and is able to ship individualised displays to customers on the very day the order is received. Sales are primarily online-based. Post-Up Stand generated USD 16 million in revenue in 2014. With this acquisition, TAKKT is strengthening the TAKKT AMERICA Specialties Group.
In July, TAKKT subsidiary KAISER+KRAFT EUROPA GmbH acquired BiGDUG Ltd. which is domiciled in Gloucester, England. BiGDUG is a leading specialist in the online sale of business equipment, with an emphasis on racking and shelving products and storage solutions with more than 250,000 customers in the United Kingdom. BiGDUG generated revenue of approximately GBP 19 million in financial year 2014/2015.