KarstadtQuelle buys Home Shopping Europe

KarstadtQuelle is to acquire German TV and online retailer, Home
Shopping Europe and its affiliated station, HSE24, from IAC for
an initial value of $196 million (£98.8m) with a possibility
of the value reaching $270m within three years. HSE-Germany
operates a German-language TV shopping business that is broadcast
24/7 in Germany, Austria and Switzerland and the hse24.de
website. Its management team will remain in place following the
transaction with Dr Konrad Hilbers continuing as CEO.


Twitter Facebook LinkedIn WhatsApp

Related News

Sign up to receive our newsletter