The contract for a transferred restructuring with Jomoo, a subsidiary of the Chinese Jomoo Group, was notarised on 10 July 2020. The takeover will be formally completed on 1 September, 2020.
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As part of the takeover process, Ralf Marohn, who has been in charge of German kitchen manufacturer RWK & Kuhlmann Küchen since 2014, has been named as Poggenpohl’s new Managing Director.
In its most recent statement, Poggenpohl announced that it will continue to focus strongly on product design and product innovation.
The further development of regional markets both in continental Europe and overseas, such as the USA, China, India and the Middle East, will be a focus of investment.
The network of existing branches and dealers will be further expanded to guarantee the high quality of Poggenpohl products and the best B2B customer service.
New MD Marohn commented: ‘Poggenpohl will remain a German kitchen brand with production in Herford that stands for sophisticated, modern design as well as high quality and reliability. Our customers can continue to rely on the high brand promise.
‘The jobs in Herford will be retained and the entire team of employees will return Poggenpohl to its old glory and strength.’
Marohn also expressed special thanks to outgoing Poggenpohl Managing Director Gernot Mang for his successful coordination during the transition, and thanked insolvency administrator Manuel Sack for his professional management of the company during the insolvency proceedings.
Sack, a partner in the Germany-wide law firm Brinkmann & Partner, said: ‘Together with Gernot Mang, I successfully continued operations during the insolvency proceedings, and production continued to run stably on all working days. My sincere thanks go to the customers, suppliers and employees for this. By putting their trust in a good solution for the future of this unique company they have actively supported Poggenpohl.’
Marohn also paid tribute to the high degree of trust and loyalty that customers place in the Poggenpohl brand and its team. ‘We are delighted that our customers continue to support Poggenpohl. This shows the close bond and firm belief in what Poggenpohl represents – both historically and in the future’, he stated.