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Mobilezone expands in Germany with acquisition of Sparhandy
2019-05-13 09:26:00| Telecompaper Headlines
(Telecompaper) 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.
Tags: germany
acquisition
expands
Category:Telecommunications
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