LEICHT Küchen acquired by German investment firm Münich-based private equity firm Orlando Capital has acquired majority control of Welle Holding the financial holding company that manages shareholdings in Bürstadt Furniture and Paidi Möbel a specialist in working with medium-sized enterprises in the German-speaking and Nordic regions is set to support the strategic development of these companies boost international expansion and unlock further potential LEICHT was founded in 1928 by the brothers Alois and Josef Leicht in Schwäbisch Gmünd the company developed the first built-in kitchen with a system of dimensions and grids that is still used today the company was acquired by Welle Holding and became an independent company it was transformed into Leicht Küchen AG In 2020 LEICHT invested €90million in a state-of-the-art fully automated assembly plant at its factory in Waldstetten to expand production capacity improve efficiency and boost its ability to manufacture customisable products Today it is one of the top 10 companies of the German kitchen industry with a workforce of 620 employees in its main sites of Waldstetten and Kirchheim It concluded the 2023 financial year with stable turnover of €180m and its kitchen furniture and accessories are distributed across more than 55 countries and approximately 1,000 sales partners Welle Holding will continue to manage its remaining medium-sized furniture manufacturing brands including Himolla Polstermöbel and K+W Polstermöbel BMA supports EU and UK industry call for mutual recognition agreement Abode supplies boiling water taps to 55 new homes in Berkshire Suzi English joins Waters Baths of Ashbourne as Midlands sales agent 10 stunning painted kitchen designs that exude timeless elegance Digital marketing trends: Why creator-led socials are dominating Smart toilets are going mainstream – here's what you need to know Simon Acres Group invests in southern base for Oval Deene Recruitment How Chiselwood created a grand scheme inspired by a bright green Aga Sirius welcomes Hartley Appliance Repairs as new Approved Member Liebherr unveils new fully integrated under-counter appliances Roca Group UK looks to grow Scottish sales with appointment of new BDM eco-cistem™ partners with Smiths Briten for UK distribution Installer Kitchens & Bathrooms to feature an array of new highlights Geberit expands Sigma flush plate range with new designs Rotpunkt brings Scandinavian Oak to the UK kitchen Smiths Briten announces UK distribution of Lecico Design Series KBBFocus is the go-to resource for kitchen and bathroom retailers designers and installers to find all the latest industry news coverage News People Products Features Advertising Privacy notice Cookie policy Terms & conditions contact@kbbfocus.com both public and private buildings are demolished If they are too expensive to maintain or demolish And it is precisely then that lost places become a magnet for urban explorers or “Urbexers“ A growing number of photography and adventure enthusiasts who set off in search of mysterious places Here are four lost places in Stuttgart (and the surrounding area) that continue to fascinate even experienced Urbexers … because there are certain rules to follow when “urban exploring”: And there are also exciting lost places in Stuttgart for all those brave enough to stick to the above rules At the beginning of the Cold War, the US army built 28 bunkers in a forest near Waldstetten to store weapons, ammunition and for other unknown purposes. They were abandoned in the 1980s. Today, the forest is a nature reserve and the bunkers – walled up or damaged by landslides – are home to endangered bat species . The Waldstetten local history museum offers guided tours of the entire site https://www.youtube.com/watch?v=NVwEiraTioo it is also a historically preserved place where you can even spend the night View this post on Instagram Tübingen is a city where pretty much every corner tells a story This includes the Spitzberg: first home to the Ödenburg and alligators and other species were kept at the zoo They delighted the residents of nearby towns and apparently even King Wilhelm II the zoo did not survive the First World War and over time the forest swallowed it up completely We hope you have fun looking at the Lost Places in Stuttgart Since AGCO’s acquisition of the Lely Group’s forage division in 2017 forage wagon and baler production has remained at the former Lely sites in Germany forage wagon production under the Fendt livery will continue at the Waldstetten factory production will be transferred to the Wolfenbüttel facility where round balers are built under AGCO’s Fendt and Massey Ferguson brands the move is to achieve higher cost efficiency vice-president and managing director of AGCO/Fendt Christoph Gröblinhoff said: “Our location in Wolfenbüttel is perfect in size and structure for further expansion of the production capacities we expect even stronger synergies that will arise through the collaboration of the development specialists for balers and loading wagons.” The manufacturer has also said that the 70 employees of the Waldstetten site will be offered suitable solutions which suggests employment at either the Wolfenbüttel site or one of the firm's other manufacturing facilities Contact us Advertise with us Company information Career opportunities Privacy statement Terms of service Commenting policy Change cookies settings Change cookies settings