Praktiker

Praktiker is a leading player in the European DIY sector with operations in nine countries including Germany, Bulgaria, Greece, Luxembourg, Poland, Romania, Turkey, Hungary, and Ukraine. Established in 1978, the company began with the opening of the first four Praktiker home improvement units in Germany. In 2017, Praktiker Europe GmbH was newly founded and operates a platform for retailers and service providers in Germany through Praktiker Trade GmbH & Co. KG under Praktiker.de respectively Praktiker.com. The company has plans to expand its platform to include 12 components by 2025, with the electronic marketplace being the first to go online in 2020, followed by others in 2021. It's important to note that the DIY stores and associated companies outside Germany are not economically linked to Praktiker Europe GmbH. Headquarters of the company is in Germany. Currently, there's no available information about the last investment and investors. With a stronghold in the hardware industry, Praktiker is carving a niche for itself in the European market with its DIY platform for home improvement enthusiasts.