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Germany: Komplett takes majority in Comtech

Wednesday 18 February 2015 00:28 CET | News

Komplett Group, an ecommerce player in the Nordic countries, has acquired the majority of shares of the German online retailer Comtech.

In 2008, Komplett had online stores in France, Germany, the UK and Austria, but were closed aferwards, e-commercefacts.com reports. Komplett has a total of 14 online stores and reported revenues of EUR 675.5 million in 2014.

Comtech.de will keep its name and will become an independent subsidiary of the Komplett Group.


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Keywords: Germany, Komplett, Comtech, ecommerce, merchant, online retailer, e-tailer, expansion, purchase, acquisition
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce