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Tengelmann is owned by Tengelmann Warenhandelsgesellschaft KG, headquartered in Germany. No. The ultimate owner of Tengelmann, Tengelmann Warenhandelsgesellschaft KG, is headquartered in Germany, not in the United States.
A family-owned international strategic holding company with origins in the retail grocery sector, now investing in various industries including DIY (Obi) and clothing (KiK).
Sources: tengelmann.de, en.wikipedia.org
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