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Announced

Rheinische Möbelwerke completed the acquisition of deinSchrank.de Gruppe.

Synopsis

Rheinische Möbelwerke, a furniture company, completed the acquisition of deinSchrank.de Gruppe, an e-commerce D2C pioneer for high-quality custom-made furniture. Financial terms were not disclosed. Through this acquisition, deinSchrank has been acquired by its initial founder Frank Budde, who exited the company in 2022.

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