A major ownership shift has taken place at Black Red White S.A. (BRW), one of Poland's largest furniture manufacturers. On 21 August 2025, Austrian retail giant XXXLutz sold its entire stake in BRW to Polish capital entities, ending its role as a shareholder.
© Meble Polska Furniture | LinkedIn
XXXLutz had acquired a 50% stake in the BRW Group in 2022 and had announced plans earlier this year to purchase the remaining shares, pending approval from antitrust authorities. However, the company has since chosen to change its strategy, opting to divest its ownership instead.
Despite the exit, the two companies have confirmed that their business cooperation will continue. BRW will maintain access to joint purchasing agreements and supply chain operations, enabling it to benefit from economies of scale and XXXLutz's extensive international network.
The move marks a significant development in Poland's furniture sector, positioning BRW under full domestic ownership while sustaining international partnerships crucial for global competitiveness. Industry observers note that the decision reflects shifting priorities within XXXLutz, while offering BRW greater strategic autonomy in its future growth.
Source: LinkedIn.
