XXXLutz acquires a stake in Moebel.de
Lisa Marie Münster
| 03.01.2022
Prosiebensat1 has sold its shares in the Moebel.de platform. The XXXLutz Group takes over and invests in the Hamburg-based start-up.
XXXLutz is taking over the shares of the Nucom Group in the Moebel.de platform; the parties have agreed not to disclose the price. Back in 2013, the Nucom Group, formerly Seven Ventures and belonging to Prosiebensat1, invested in Mobel.de, which was founded in 2007. According to the company's own information, the site offers three million products and has five million visitors per month.
Mobel.de was only launched in the Netherlands last year, and the service has also been available in France since 2016.
"With the exit of the investor, the opportunity for the investment has arisen for the XXXLutz Group," says XXXLutz CEO Alois Kobler. "No operational activities will be taken over from our side with this investment. The existing management under CEO Arne Stock will continue to operate the neutral platform as before and will further internationalise it in the following years", the CEO continues.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingFYI: 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?
