M&A Activity • Mar 26, 2015
M&A Activity
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Corporate | 26 March 2015 10:00
mutares portfolio: PIXmania makes add-on acquisition in Spain
mutares AG / Key word(s): Mergers & Acquisitions/Private Equity
2015-03-26 / 10:00
PIXmania, a leading European e-tailer in the portfolio of mutares AG (ISIN: DE00A0SMSH2), acquires OFERTON, the Spanish specialist in live-shopping. The aim of the acquisition is to further strengthen company’s position in Spain as well as to realize synergies in the refurbished goods sector.
OFERTON (www.oooferton.es) is the first live-shopping provider in Spain trading across the electronics, home appliances and fashion categories. The company, backed by European venture capitalist ACTIVE Venture Partners, is highly complementary to PIXmania’s existing offering. Through its acquisition, PIXmania manages to further strengthen its leading position in Spain and to realize synergies in the refurbished goods sector. In 2014, PIXmania received the “e-commerce of the year award” in Spain.
Company profile of PIXmania
PIXmania SAS, Paris (www.pixmania.fr), is one of the leading European e-tailers that operates across 14 European countries with a strong focus on France. PIXmania employs 500 people across its three sites, two located in France and one in the Czech Republic. The group manages several e-commerce portals targeting private consumers, corporate customers and merchants. The total customer base counts 2.4m active users.
Company profile of mutares
mutares AG, Munich (www.mutares.de), acquires companies, that are being sold in the course of a repositioning process at their owners and that show a clear operational improvement potential. Getting engaged with its own teams, mutares actively supports its portfolio companies to achieve a clear value increase. The focus of the operational work is to ensure sustainable, long-term growth. The shares of mutares AG are traded in the Open Market of the Frankfurt Stock Exchange (Entry Standard) under the symbol MUX (ISIN: DE000A0SMSH2).
For further information, please contact:
mutares AG
Christoph Himmel
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
www.mutares.de
2015-03-26 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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