Autodoc seeks investor
In September of last year, Autodoc completed its transformation into a public limited company. Now the planned IPO has probably been postponed and an investor is being sought instead.
Autodoc is currently looking for an investor to take a minority stake in the company. To date, all shares in the company have been owned by the founders Alexej Erdle, Max Wegner and Vitalij Kungel. In the event of an IPO, Autodoc could currently be valued at around three billion euros.
According to information from the Handelsblatt an IPO was actually already planned for fall 2021. However, due to the difficult situation for technology companies on the financial markets, the automotive spare parts retailer postponed the IPO.
Autodoc has been in existence since 2008 and sells spare parts for cars, trucks and motorcycles in 27 European countries on its online platform. In September of last year, the company transformed itself into a public limited company. The founders Erdle, Wegner and Kungel moved to the Supervisory Board. Christian Gisy, Bert Althaus and Dmitri Zadorojnii have since taken over the management of the company.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectFYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
