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Signa Retail to Buy German E-Commerce Store Internetstores from EQT Expansion Capital.

MANews-(C)2009-2016

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.

Country: Germany

Sector: Wholesale/Retail

Target: Internetstores Holding

Buyer: Signa Retail

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Agreed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Geographic Code:4EUGE
Date:Nov 10, 2016
Words:140
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