We are very happy to welcome 21 Concordia in TXM. The new shareholder offers professional support in TXM’s development and financing of its operations. While working with 21 Concordia we can benefit from the extensive experience and competences of the 21 Partners Group in the textile and retail industry abroad.”

Bogusz Kruszyński
Chairman of the Board of TXM

TXM

Founded in 1989, TXM S.A. operates a leading chain of discount clothing and household stores under the TextilMarket brand. The Company has nearly 380 stores offering wide range of articles at attractive prices. Since the investment of 21 Concordia in November 2014, the total store space has grown by more than 30% and the Company has gained a strong foothold abroad.

TXM also invested in multi-channel distribution by opening its TXM24.pl internet store and introducing related services. The Company expanded its corporate structure by adding or strengthening selected internal functions. 

TXM has always supported social initiatives with good cause both on a local and nation-wide scale

The Company actively contributes to “Happy Kids” charity foundation in Łódź, supporting orphans and underprivileged families. With the help of TXM, the foundation was able to open twelve family homes were orphans are brought up in single-family conditions. It also sponsors many local community initiatives including sport clubs, kindergartens and communal culture centers.
TXM

Key Figures

€M 75

sales

#2

among Polish clothing discount stores

378

Stores

Expanded in Romania, Slovakia, and the Czech Republic

830

employee

TXM is one of the leading players in its market. The diversified business model, combined with the growing segment of discount clothing retail, including the Internet distribution channel, constitute a very attractive investment opportunity for our Fund. The Company has an established country-wide store network, offers broad range of inexpensive SKUs and has a diversified supplier base. We are glad that we can support the Company and the professional Management team in its further development in Poland and abroad. ”
Dariusz Górka
Managing Partner of 21 Concordia