WMF Group sold Factory Outlets Geislingen to the Mutschler Group

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The WMF Group has found a local investor for the Geislingen factory sales and the WMF fish hall. The Mutschler Group of Ulm has today signed the purchase agreement, which was agreed on the purchase price Sillschweigen. The Mutschler Group is a family run business with many years of experience as a developer and investor of Outlet Center, retail and commercial real estate. For the employees of WMF fish hall is changed by the change in ownership not. No redundancies are made and also the WMF company health insurance (BKK) keeps her site at. The WMF Group had already announced as part of its strategic realignment, wanting to give the factory outlets in the hands of professionals. "We are very pleased that we could win with the Mutschler Group a regional investor and an experienced partner in the outlet market," says Peter Field, CEO of WMF AG. The WMF Group sold the factory sales to the Mutschler Group, but rents the fish market back in the long term. The lease was initially set at 15 years with the option to extend this to a total of 20 years.

"We are looking forward to the Geislingen factory sales and the long-term cooperation with the WMF Group. We want to strengthen Geislingen as a business location further and provide added value for the whole region, "says Sylvie Mutschler, Managing Director of the Mutschler Group. The Mutschler Group has already developed two designer outlet center. Highlight was the successful opened in 2012. Designer Outlet Soltau, which has established itself in a short time as a supra-regional shopping destination in northern Germany. The Designer Outlet Soltau is operated by ROS Retail Outlet Shopping, which won the Mutschler Group for the Geislingen factory sales. ROS operates the Designer Outlet Soltau, Designer Outlet Landquart, Fashion Outlet Parndorf and the City Outlet Bad Münstereifel. "The Mutschler Group and ROS Retail Outlet Shopping the success story of the Geislingen factory sales will be continued and developed. Also, we will continue here as partners involved, "said the CEO of WMF AG.