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Wireless

Mobilezone expands in Germany with acquisition of Sparhandy

Monday 13 May 2019 | 09:26 CET | News
Swiss retailer Mobilezone has acquired Cologne-based Sparhandy (SH) Telekommunikation Deutschland. The purchase price corresponds to a multiple of 7.4x normalized EBIT in 2018 of EUR 10 million. The price consists of three components: cash, 4,466,376 Mobilezone shares and an earn-out of EUR 3 million. 

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Categories: Mobile & Wireless
Companies: Mobilezone / Sparhandy.de
Countries: Germany
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