windeln.de announces closing of the sale of Feedo to ags 92
Munich, August 29, 2018: windeln.de SE (“windeln.de” or “Group”), one of the leading online retailers for baby and toddler products in Europe and for customers in China, announces that, further to its announcement of July 20, 2018, it closed the sale of its Eastern European subsidiary Feedo Sp. z o.o. and its subsidiary (“Feedo”) to the Czech wholesaler and retailer for baby and toddler products ags 92 s.r.o. (“ags”) on August 24, 2018.
The sale of the stand-alone business Feedo is part of the Group´s previously announced efficiency and profitability measures. Through