BMH BRÄUTIGAM ADVISES SIGNA RETAIL ON THE ACQUISITION OF ONLINE MARKETPLACE HOOD.DE
With more than five million offers and approximately seven million customers, Hood.de is one of the fastest-growing online marketplaces in Germany.
BMH BRÄUTIGAM advised SIGNA Retail on the acquisition of the online marketplace Hood.de. With more than five million offers and approximately seven million customers, Hood.de is one of the fastest-growing online marketplaces in Germany. Acquirer is Karstadt Marktplatz GmbH, a company of the SIGNA Retail group (inter alia Karstadt Warenhaus, The KaDeWe Group, Karstadt Sports, Outfitter, dress-for-less). Karstadt Marktplatz GmbH acquires 70 percent of the shares while the residual shares remain with the founder and CEO Ryan Hood. With this acquisition, SIGNA Retail and Karstadt Warenhaus GmbH aim to further the development from classical stationary department stores to a modern omni- and cross-channel oriented marketplace. FOR BMH BRÄUTIGAM, this marks the third successful M&A deal for the SIGNA Retail group in the course of one year. Team BMH BRÄUTIGAM: Boris Reschucha, Dr. Andrea Reichert-Clauß (both leading), Tina Schmidt, Dr. Daniel Moussa, Dr. Matthias Rüping