Deal: Wolf-Moritz on sale to CWA
Tenzing partners advises the kitchen retailer Wolf-Moritz SA on sale to CWA SARL.
Founded more than a hundred years ago as a furniture retailer, the company Wolf-Moritz S.A. focuses on high-end kitchen retail. The family business benefits from a great reputation in Luxembourg thanks to the quality work and traditional design. With a staff in excess of 10 employees and a spacious showroom strategically located in Esch-sur-Alzette, the company has built a reputation as one of the leaders in the premium kitchen retail in Luxembourg.
In order to ensure the development of Wolf-Moritz in the future, the managing owners supported by Tenzing partners decided to contact a strategic partner. CWA SARL has been immediately interested in the assets and potential of Wolf-Moritz S.A. Claude Wagner, CWA’s main shareholder and also manager of BATI C or HOFFMANNS retail stores, diversifies its activities with this acquisition with an idea of sustain growth in the future.