Signa Retail to Buy German E-Commerce Store Internetstores from EQT Expansion Capital.
10 November 2016 - Germany-based e-commerce store Internetstores Holding GmbH has partnered with Austria-based store operator Signa Retail, the company said.
The transaction is subject to approval from the relevant antitrust authorities.
Internetstores Holding GmbH runs numerous online shops across 14 European countries: Bikester, Addnature, CAMPZ, fahrrad.de and BrA1/4gelmann.
With its broad assortment, the shops attract enthusiasts as well as newcomers to the bike and outdoor experience.
The company employs about 400 people in Esslingen am Neckar, Berlin and Stockholm.
Signa Retail GmbH, through its subsidiaries, operates a chain of department stores and sports equipment retail stores. The company is headquartered in Vienna, Austria.
Target: Internetstores Holding
Buyer: Signa Retail
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Nov 10, 2016|
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