Internetstores buys Addnature

Internetstores, a German-based online retailer of bicycles and outdoor products, has signed an agreement for the acquisition of a Swedish e-tailer, Addnature, for an enterprise value of around 230 million Swedish kronor (€26.5m-$34.5m). Most of the proceeds will be reinvested into the combined company. The takeover is being financed by ...

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