Announced
Financials
Sources
Tags
Acquisition
Cross Border
Majority
Private
Friendly
Italy
commercial office
Pending
Single Bidder
Real Estate Holding and Development
Private Equity
Synopsis
Mutares, a private equity firm, agreed to acquire Prénatal stores and e-commerce activities from PRG Retail, a real estate company. Financial terms were not disclosed. “With the acquisition of Prénatal in the Netherlands, we are further strengthening our Retail & Food segment. Like every other retailer in Europe and the Netherlands, also Prénatal has been experiencing challenging market conditions. Recently, the company announced a restructuring program to further enhance its position in a competitive market environment. I am confident that, with the backing of the Mutares team, Prénatal can further leverage its potential for future growth,” Mark Friedrich, Mutares CFO.
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