Dixons sells The Phone House NL to Optie1

News Wireless Netherlands 24 APR 2015
Dixons sells The Phone House NL to Optie1

Relevant Holdings, parent of telecom retailer Option1, has bought an 83 percent stake in The Phone House (TPH) Netherlands from Dixons Carphone for an undisclosed amount. The Phone House has around 200 stores in cities and shopping centres, including six Samsung concept stores. Typhone.nl is included in the transaction.

There is little geographic overlap between Option1 and TPH NL. Option1 sells mobile and fixed telephony, internet, television and fibre optic connections, energy, and accessories. It also has its own service & repair service. Option1 calls itself a local telecom specialist and had, before the transaction, 70 own stores and franchises, present mainly in smaller communities.

The acquisition is expected to complete by the end of June. Dixons Carphone said it will continue to make an active contribution as a minority shareholder. Relevant Holdings is managed by the former founders of MCC, Belcompany and t-for-telecom.

Categories:

Mobile

Companies:

t for telecom,  BelCompany,  Samsung,  The Phone House

Countries:

Netherlands

Tags:

Wireless, Sales, M&A buyouts & divestments

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Dixons verkoopt The Phone House aan Optie1

The Phone House Nederland komt in andere handen. Relevant Holdings BV, eigenaar van telecomretailer Optie1, neemt een belang van 83 procent over van Dixons Carphone plc. Financiële details zijn niet bekendgemaakt. The Phone House heeft ongeveer 200 winkels, waaronder zes Samsung concept stores. Ook Typhone.nl is onderdeel. Er is geografisch weinig overlap tussen TPH en Optie1, dat met name in de kleinere verzorgingsgebieden actief is. De overname zal naar verwachting eind juni zijn afgerond. Dixons Carphone

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