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Otto GmbH

Company nameOtto (GmbH & Co KG)
Company typePrivate
GenreMail order
PredecessorOtto Versand
Key peopleMichael Otto

     Home | Company | Otto GmbH

The Otto group, or Otto (GmbH & Co KG) (formerly Otto Versand), is the world's largest mail order company, operating in more than 20 countries. The family of executive board chairman Michael Otto owns the majority of the company. The company is based in Hamburg, Germany. Founded by Werner Otto in 1950.

They were the former owners of Spiegel, Inc., (the parent company of Eddie Bauer and former owners of Spiegel catalog), which filed for bankruptcy on March 17, 2003. On May 25, 2005, Spiegel, Inc., emerged from bankruptcy renamed Eddie Bauer Holdings and is now owned primarily by Commerzbank. The Otto Group no longer has any stake in the company.

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