Announced
Financials
Sources
Tags
Spain
home furnishings
Cross Border
Majority
Private
Portugal
Home Improvement Retailers
Acquisition
Friendly
Pending
Single Bidder
Synopsis
XXXLutz, an online seller of furniture, mattresses, and home accessories, agreed to acquire Spanish and Portuguese business from Steinhoff-backed Conforama, a furniture retail chain store that offers home equipment and appliances at discount prices through online. Financial terms were not disclosed.
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