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Announced

22 Sep 2023

Completed

16 Jan 2024

XXXLutz completed the acquisition of Spanish and Portuguese business from Steinhoff-backed Conforama.

Synopsis

XXXLutz, an online seller of furniture, mattresses, and home accessories, completed the acquisition of 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.

Principals

target

Conforama (spain And Portugal Business)

bidder

Xxxlutz Kg

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Market Context

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Bidder Team (4)

julene areitio

Associate at Cuatrecasas Goncalves Pereira

Lawyer

bidder

Deals

£ 3.63 B

Total Value

telma carvalho

Partner at Cuatrecasas Goncalves Pereira

Lawyer

bidder

Deals

n/a

Total Value

walter müller

CEO at XXXLUTZ KG

Manager

bidder

Deal

n/a

Total Value

marco antonio sanz perez

Partner at Cuatrecasas Goncalves Pereira

Lawyer

bidder

Deals

£ 1.21 B

Total Value

Vendor Team (8)

louis du preez

CEO at STEINHOFF INTERNATIONAL

Manager

vendor

Deals

£ 63 M

Total Value

alexandra molina-martell

Counsel at Uria Menendez

Lawyer

vendor

Deal

n/a

Total Value

rita castro

Associate at Uria Menendez

Lawyer

vendor

Deal

n/a

Total Value

nerea díaz

Associate at Uria Menendez

Lawyer

vendor

Deal

n/a

Total Value

luis maria assis teixeira

Associate at Uria Menendez

Lawyer

vendor

Deals

n/a

Total Value

filipa de matos

Associate at Uria Menendez

Lawyer

vendor

Deals

n/a

Total Value

pedro teixeira de sousa

Managing Associate at Uria Menendez

Lawyer

vendor

Deals

£ 347 M

Total Value

judit llados

Associate at Uria Menendez

Lawyer

vendor

Deals

n/a

Total Value

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