XXXLutz, an Austrian furniture retail group, agreed to acquire home24, an online German furniture retailer, for €250m. "We are delighted to continue our journey to become the leading online destination for home and living together with XXXLutz as a strong partner. For us as a management team, it was particularly important that XXXLutz shares and actively supports the vision of home24, assists us in its implementation and sees us continuing to operate as an independent company," Marc Appelhoff, home24 CEO.