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Hanseatic belongs to Otto Group through Otto (GmbH & Co KG). Hanseatic is owned by Otto Group, headquartered in Germany. No. The ultimate owner of Hanseatic, Otto Group, is headquartered in Germany, not in the United States.
The Otto Group is a globally active retail and services group with around 40,000 employees and presence in over 30 countries in Europe, North and South America, and Asia.
Sources: ottogroup.com
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