Announced
Financials
Sources
Tags
Private
Private Equity
Germany
Recreational Products
Acquisition
greeting cards
Majority
Synopsis
Private equity investment firms Arcus Capital and BE Beteiligungen Fonds acquired Sendmoments, an online greeting cards and gifts business. Financial terms were not disclosed. Arcus CEO Stefan Eishold said: “Sendmoments fits perfectly into our investment focus of medium-sized companies that are leaders in their market segment. We look forward to working with the management to further develop the existing product portfolio and provide significant impetus for the growth of the company.”
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