goetzpartners exclusively advised Holtzbrinck Networks and Verlagsgruppe Weltbild in the sale of bol.com, a leading Dutch online media and entertainment retailer
HTW is the sole shareholder in bol.com b.v. The acquisition will be made by Flevo Deelnemingen I B.V., a Cyrte Investments led investment vehicle.
With over 80 million visitors last year, bol.com is a leading online book and media retailer in the Netherlands with top market positions in various product categories in the fast growing online retail market. The company generated revenues of around €224m in 2008, selling more than 11 million products, and employs 240 people in its office in Nieuwegein, the Netherlands.
goetzpartners Corporate Finance acted as exclusive financial advisor to Holtzbrinck Networks and Weltbild in connection with the transaction. The transaction is subject to approvals from the relevant antitrust authorities.