Steilmann
From Wikipedia, the free encyclopedia
Steilmann was a German textile group which had its headquarters in Wattenscheid (Bochum) and at its 1998 peak employed over 18,000 people. After near-bankruptcy in 2006 broke up the group, some parts continue to use the Steilmann name.
| Industry | Textile |
|---|---|
| Founded | 1958 |
| Founder | Klaus Steilmann |
| Headquarters | , Germany |
Number of employees | Over 18,000 (1998) |
Founded in 1958 by Klaus Steilmann (1929–2009),[1] the Steilmann Group at its peak in 1998 employed over 18,000 people in 14 countries, and had turnover of nearly 1.5bn DM.[2] With increasing difficulties from increased competition in the sector after 1998, Steilmann narrowly avoided bankruptcy in 2006, its parts being sold to the Radici Group (Miro Radici AG),[3] which had previously acquired parts of Steilmann, including Steilmann Eastern Europe in 2003.
Klaus Steilmann died on 13 November 2009.[4]
