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Announced

Completed

SMG Swiss Marketplace Group completed the acquisition of a majority stake in Flatfox from Mobiliar.

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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