Saum & Viebahn Buys Heco
January 9, 2019
Susanne Schicker-Westhoff and Andreas Klenk, joint CEO of Saum & Viebahn
KULMBACH, Germany—Saum & Viebahn, at 118 years old and the third-largest wholesaler in Germany, has purchased Heco.
Heco is a 20-year-old decorative fabric wholesaler in Memmingen, Germany.
S&V and Heco together have sales of 37 million euros, according to Susanne Schicker-Westhoff, the third-generation-family owner of both companies.
“S&V specializes in upholstery and decorative fabrics. It is well known internationally, while Heco is focused on the German-speaking area only. We will market Heco’s eco-driven fabrics through S&V for the export market, but Heco will continue to operate in the domestic market as before,” says Andreas Klenk, CEO.
“S&V sells home fabrics to Europe, Asia, and Canada but not currently to the USA,“ Klenk points out.
The two brands will be kept separate in Germany.
Heco is a 20-year-old decorative fabric wholesaler in Memmingen, Germany.
S&V and Heco together have sales of 37 million euros, according to Susanne Schicker-Westhoff, the third-generation-family owner of both companies.
“S&V specializes in upholstery and decorative fabrics. It is well known internationally, while Heco is focused on the German-speaking area only. We will market Heco’s eco-driven fabrics through S&V for the export market, but Heco will continue to operate in the domestic market as before,” says Andreas Klenk, CEO.
“S&V sells home fabrics to Europe, Asia, and Canada but not currently to the USA,“ Klenk points out.
The two brands will be kept separate in Germany.
