Announced
Completed
Financials
Sources
Tags
Switzerland
Real Estate Services
digital real estate platform
Private
Single Bidder
Acquisition
Completed
Domestic
Majority
Friendly
Synopsis
SMG Swiss Marketplace Group, a network for online marketplaces in Switzerland, completed the acquisition of a majority stake in Flatfox, a platform for real estate professionals, from Mobiliar, an insurance company. Financial terms were not disclosed. This step aims to support the further digitalization of the Swiss real estate sector.
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