Bebitus bought by German company Windeln
The online shop for children's products Bebitus has been bought by the German Windeln which made its debut on the stock market last May.
With this acquisition, Windeln.de secures its entry into markets such as France, Portugal and Spain, where the company had already started operations.
The deal comes after Windeln.de closed a €45 million financing round in January to pursue its international expansion. Currently, the Munich-based company, which was founded in 2010, is present in 10 countries: Germany, Austria, Switzerland, Italy, Czech Republic, Poland and - now thanks to the acquisition of Bebitus - in Spain, France and Portugal. In addition, they are also present in China, where they play an important role and a large part of their turnover comes from the Asian country.
"For the last couple of years we have seen how the children's fashion e-commerce sector has been growing and the big players in the sector have been making international purchases to maintain their leadership position. One example is Percentil, e-commerce of second-hand clothing for children, which as we mentioned in a previous post, bought the German company Kirondo" says Diego Gutierrez of Abra-Invest
Dada company buys Arloon
DADA Company, the Spanish company dedicated to the development of children's apps, has acquired the company Arloon to advance its strategy of penetrating the education sector, thereby increasing the offer for the network of schools it works with.
Arloon uses new technologies such as augmented reality to make learning easier. Arloon apps allow learning with curricular content and test the knowledge acquired through fun exercises that allow teachers, parents and students to evaluate everything they have learnt.
"In January 2014 Dada companny closed its first round of funding after being one of the winners of the 2013 edition of Seedrocket" adds Diego Gutierrez from Abra-Invest.
International operations: Runtustic and Easynet
Interoute, an international telecommunications services provider, has just acquired Easynet for a total of €552 million. Easynet is the owner of one of the most extensive networks and the largest cloud services platform in Europe.
Another operation worth highlighting is the purchase of the Adidas from Runtustic, the fitness app for mobile devices for €220M.
Founded in 2009 and based in the Austrian town of PaschingRuntastic has recorded "tremendous growth" in a very short period of time. "With more than 140 million downloads and around 70 million users, Runtastic has a uniquely strong position in the industry," Adidas added in a statement. The sports app is available in 18 languages.
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