In June 2010, PMB acquired Kleine Wolke Textilgesellschaft mbH & Co. KG, based in Bremen, from Leifheit AG, Nassau, which was listed on the stock exchange. Founded in 1968, the company is a leading supplier of high-quality products for the bathroom and bedroom. The range of products mainly includes bath rugs, bath trays, shower curtains and stools as well as towels and bed linen. With the acquisition of Kleine Wolke, PMB will be able to include another company in its portfolio, which has a strong brand and a high degree of recognition. Kleine Wolke will be able to continue its own brand strategy and develop it further in the POSSEHL Group. The excellent market position, high-quality products and experienced management team provide excellent prospects for the company and its employees.
“We are very pleased to have found PMB as a permanent new owner who thinks and acts in the long term and with whom we can implement our growth strategy consistently.”Peter Michael Kressmann, former CEO of Kleine Wolke/Meusch