Hornbach Baumarkt AG is a Germany-based company engaged in operation of a chain of megastores, offering do-it-yourself (DIY), home improvement and gardening products. As of February 29, 2012, the Company operated 135 DIY megastores with garden centers, thereof 92 stores in Germany and 43 stores with garden centers in eight countries across Europe, located in Austria, Switzerland, Luxembourg, the Netherlands, the Czech Republic, Sweden, Slovakia and Romania. The average sales area per store is more than 11,000 square meters. The Company's megastores offer around 50,000 DIY and gardening products. As of February 29, 2012, Hornbach Baumarkt AG operated in Europe through its 32 consolidated subsidiaries, such as HORNBACH International GmbH, HORNBACH Baumarkt CS spol sro and HORNBACH Holding BV, among others. The Company is majority owned by HORNBACH HOLDING AG, which held a stake of 76.4% as of February 29, 2012.