History

HISTORY

More Than 100 Years of History

Land Union Group can look back to more than 100 years of history. It forms a substantial part of the family holding company which began in 1894 as a small retail business based in Germany. Today the family holding company has various stakes in diverse businesses in retail, food, casino, mining and shipping in addition to Land Union Group with a global staff in those businesses in excess of 12,000.

Heinrich Leffers

Humble Beginnings

In 1894 Heinrich Leffers moved from Amsterdam to Delmenhorst in Germany which at the time was a developing city and established a revolutionary retail concept. Clothing was sold ready-to-wear at substantially cheaper prices than the traditionally used tailors. Upon signing the rental contract for his first shop, Leffers negotiated the option to purchase the building which he did 2 years later. The foundation for today`s property portfolio was set! Various shops and properties followed all over Germany. By the time SinnLeffers was sold to Quelle/Karstadt in 1989 it was the second largest clothing department store chain in Germany. Since then the family’s holding company has moved on investing in a range of global businesses. The real estate activities of the group are pursued by Land Union and concentrated on 5 locations in which family members are present.