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.

Steilmann Group
IndustryTextile
Founded1958; 66 years ago (1958)
FounderKlaus 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.[1]

Klaus Steilmann died on 13 November 2009.[4]

References

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  1. ^ Klaus-Steilmann-In-Jahren-Wachstum Der Stern 07.06.2004
  2. ^ "DBU - Prof. Dr.-Ing. H. C. Klaus Steilmann, Steilmanngruppe, Wattenscheid - Wegweisende Umweltstandards für die textile Kette". www.dbu.de. Archived from the original on 2006-10-05.
  3. ^ Handelsblatt, 21 September 2006, Radici rettet Steilmann vor Insolvenz
  4. ^ Sportmäzen Klaus Steilmann ist tot
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