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Announced

Completed

Ringier Axel Springer completed the acquisition of Gratka from HKM Beteiligungs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

online marketplace

Friendly

Private

Poland

Single Bidder

Majority

E-commerce

Acquisition

Synopsis

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Ringier Axel Springer Media, a multimedia company, completed the acquisition of Gratka, one of the largest and most popular generalist classifieds services in Poland, from HKM Beteiligungs, owner of Polska Press Group. Financial terms were not disclosed. "We are already a leading classifieds provider in Slovakia, Serbia, Hungary and the Baltics. We believe that the combination of our international know-how, Gratka’s and Morizon’s market experience will enable us to further strengthen both brands and create a strong number two in the Polish real estate classifieds Market," Mark Dekan, Ringier Axel Springer Media CEO.

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