Tengelmann Group

Tengelmann Group is a German family-owned business managed through its Munich-based holding company, Tengelmann Twenty-One. Its investment portfolio includes home improvement retailer OBI, discount retailer KiK and property company TREI, alongside other businesses and investments. The group traces its origins to a trading business established in 1867. Its connection to the article is through its majority ownership of OBI, which participates in Too Good To Go’s expanded surplus marketplace.