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ProSiebenSat.1 to increase investment in start-ups - report

Wednesday 18 March 2015 | 12:42 CET | News
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ProSiebenSat.1 is said to plan the complete takeover of the Berlin-based online perfume store Flaconi, Handelsblatt reports with reference to industry insiders. This would mean an increase in its shareholding from 47 percent to 100 percent. The company founded in 2010 has revenues of EUR 12 million, and ranks second behind Douglas on the online market for perfume and cosmetics. The broadcaster also plans the acquisition of a 75-percent shareholding interest in Amorelie, an online shop for erotic products, increasing its shareholding from 23 percent. Both start-ups are said to become part of a

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Categories: Internet
Companies: ProSiebenSat.1
Countries: Germany
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