Overview

• Tedi is rebranding and remodeling 84 former Pfennigpfeiffer stores across Eastern Germany following their December 2024 acquisition.
• The Bundeskartellamt approved the takeover in March 2025, allowing Tedi to proceed with its integration plans.
• Pfennigpfeiffer, founded in 1993 near Riesa, was a prominent regional retailer with over 100 stores at its peak.
• Tedi, headquartered in Dortmund, operates over 3,300 stores in Europe and aims to expand its network to 5,000 outlets.
• The company has declined to provide detailed updates on the current progress of the remodeling and integration process.