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Carlsquare advised Umzugsauktion on the partial sale leading to a complete takeover

Immonet GmbH further expands its activities in the relocation sector and takes over all shares of Umzugsauktion GmbH & Co. KG. In spring 2010, Immonet acquired 51 percent of the shares in Umzugsauktion, and now took over the remaining 49 percent from the two founders Franz Jelinic and Sebastian Palos (24.5 percent each) as planned.

Increasing mobility and a rising number of migrating people constantly raise the significance of the relocation sector. Today, more than 6.9bn Euros are spent on relocation in Germany alone. Since the acquisition of a majority interest by Immonet, Umzugsauktion has grown significantly and has doubled sales and earnings.

Client: Umzugsauktion GmbH
Industry: Consumer / Internet
Assignment: Sellside
de
Umzugsauktion GmbH
de
Immonet GmbH ( Axel Springer AG)
Michael Moritz
Michael Moritz LinkedIn
Managing Partner
+49 30 809 33 47-13

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