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windeln.de SE — M&A Activity 2015
Jul 6, 2015
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M&A Activity
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Media | 6 July 2015 08:21
windeln.de AG: windeln.de completes acquisition of onlineshop ‘Feedo’ in Eastern Europe
(DGAP-Media / 2015-07-06 / 08:21)
windeln.de completes acquisition of onlineshop “Feedo” in Eastern Europe
Munich, July 6th, 2015. windeln.de AG (“windeln.de”), one of the leading and fastest growing online retailers for baby, toddler and children products in Germany, Austria and Switzerland and for customers in China, announces the acquisition of Feedo Sp. z. o.o. with their online shops www.feedo.cz in the Czech Republic, www.feedo.sk in Slovakia and www.feedo.pl in Poland.
windeln.de signed the purchase agreement on April 20th, 2015. The completion of the deal was subject to certain conditions, that, in the meantime, have been completed.
Konstantin Urban, management board member and co-founder of windeln.de: “We are happy to welcome Feedo in the windeln.de family. The impressive growth of Feedo will continue and with our capital and expertise, we are sure to even accelerate it further.”
Feedo is a 100% subsidiary of windeln.de, based in Prague, and is operated as separate business unit. The brand name “Feedo” will be retained.
Founder Matúš Karaffa and Martin Molčan will continue to work as managing directors. They will improve the ongoing success of Feedo’s shop sites together with their teams.
Matúš Karaffa, founder and managing director of Feedo points out: “We are happy to join windeln.de and to strenghten our position in the Eastern European focus countries. We will benefit strongly from the expertise of windeln.de.”
Press contact
Amelie Heinz
Phone: +49 (89) 41 61 71 52 75
Email: [email protected]
About windeln.de
windeln.de is one of the leading pure-play online retailers specializing in baby and toddler products in Germany, Austria and Switzerland. The Company also successfully sells baby and toddler products to customers in China. windeln.de offers approximately 100,000 products from over 1,000 brands, which young parents can comfortably order online. The offer ranges from diapers and baby food to child furniture, toys, clothing, strollers and car seats, making windeln.de a one-stop shop for parents. For further information, please visit http://corporate.windeln.de.
End of Media Release
Issuer: windeln.de AG
Key word(s): Finance
2015-07-06 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | windeln.de AG |
| Hofmannstr.51 | |
| 81379 Munich | |
| Germany | |
| Phone: | 089 / 416 17 15-0 |
| Fax: | 089 / 416 17 15-11 |
| E-mail: | [email protected] |
| Internet: | www.windeln.de |
| ISIN: | DE000WNDL110 |
| WKN: | WNDL11 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP-Media |
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| 375289 2015-07-06 |