Klaus Fischer, the CEO the Germany-based fixing solutions specialist Fischer, will receive a lifetime achievement award in Stockholm, Sweden, next month (June 8).   

The Global DIY Lifetime  Award 2016 recognises his contribution to the global home improvement industry, said Fischer Middle East, the Dubai-based subsidiary of the Fischer group.

Leading European DIY professional organisations EDRA (European DIY-Retail Association) and fediyma (European Federation of DIY Manufacturers), and  the Global Home Improvement Network (GHIN), will honour him for his “outstanding contribution to the worldwide do-it-yourself segment”, it said.

Klaus Fischer has actively worked in the DIY segment for more than 40 years. The laudation cites that in all these years, he has advanced his enterprise to a decisive degree and changed this segment of industry.

“I am pleased to accept this award on behalf of all my employees because it is only by joining hands and minds that we can be successful,” said Fischer.

Fischer is the fourth person to be honoured with this award. Before him, the award was given to Obi co-founder Manfred Maus; Ray Colman, former CEO of Woodie’s DIY; and Jim Inglis, former deputy chairman of the board and in charge of the strategic development of Home Depot.

The award ceremony will be held at the same venue where the annual Nobel Prizes are awarded – in Stockholm’s City Hall at the gala of the fourth Global DIY Summit. The event is considered the world’s biggest for retailers and producers in the DIY and gardening segment and a first-class information platform for current and future developments.

The summit, scheduled for June 8 and 9, is being hosted by the EDRA and fediyma, along with the GHIN, the first global representation of interest of the DIY trade.