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  • August 15th, 2016 | Company

    EOS Consolidated impresses with outstanding result

    EOS Consolidated impresses with outstanding result

    EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

  • Juli 21st, 2016 | Company

    Otto Group pitches short-term bond to institutional investors

    Owing to the current interest rate environment, where many banks are demanding penalty interest rates on their customers’ cash deposits, the Otto Group is offering institutional investors a safe haven for their liquidity with no loss of value. The global retail and services group has issued a 50 million euro bond with a three-month term and an annual interest rate of 0.14 percent.

  • Juli 5th, 2016 | Company

    EOS acquires French/Belgian debt collection service provider Contentia

    EOS acquires French/Belgian debt collection service provider Contentia

    On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium. The EOS Group already has a successful debt collection company in each of the two countries.

  • Juni 30th, 2016 | Company

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    Following a private sale process, the 3SI Group today signed an agreement to sell its multichannel stock-clearance business, Cogemag-Excédence, to Artmadis, BtoB distributors and France’s leading tableware and cookware company.

  • Juni 29th, 2016 | Corporate Responsibility

    Otto Group expands FSC®-certified furniture assortment

    The share of sustainable products in terms of the Otto Group’s overall furniture assortment increased to 43% in 2015. As the largest online furniture retailer in the German-speaking region, the Group is a leader in this segment.

  • Juni 22nd, 2016 | Company

    Generational change at the helm of EOS Group: Klaus Engberding to become CEO

    Generational change at the helm of EOS Group:  Klaus Engberding to become CEO

    Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner Scherer, the current long-time and extremely successful CEO, is leaving the Group of his own volition in order to retire.

  • Juni 15th, 2016 | Company

    Series A: Homeday Wins Project A and Paua Ventures as Investors

    Successful Series A Financing Round: Homeday Wins Project A and Paua Ventures as Investors

    Cologne-based start-up Homeday announced the successful closing of their Series A financing round today. In May this year, the renowned venture capital companies Project A and Paua Ventures committed among others to investing a seven-figure amount in the rapidly growing company, which is active in the field of property technology (called “PropTech”) and has chosen to specialize in particular in the data-driven pairing of real estate agents with appropriate customers.

  • Juni 14th, 2016 | Company

    New executive management team at Bonprix

    New executive management team at Bonprix

    With Bonprix CEO Dr Marcus Ackermann’s move to the Otto Group Executive Board as of 01 January 2017, the international fashion company will have a reshaped executive management team. Bonprix’s own Markus Fuchshofen and OTTO’s Dr Richard Gottwald will join the current Executive Directors Rien Jansen and Dr Kai Heck on the Bonprix Executive Board.

  • Juni 13th, 2016 | Company

    Otto Group successfully issues 250 million euro bond

    The internationally active retail and services company Otto Group has successfully placed a 250 million euro bond issue. The note carries a seven-year term and a 2.5 percent coupon.

  • Juni 1st, 2016 | Company

    Lost My Name: Project A Invests €4 Million alongside other partners

    Lost My Name: Project A Invests €4 Million Alongside Google Ventures, Greycroft and Allen & Co

    Early stage investor and operational VC Project A has announced an investment of 4 million euros in Lost My Name, one of the leading creators of personalized children’s content. With this extension of the Series A round, Project A joins the circle of renowned international investors, including lead investor Google Ventures, Greycroft and Allen & Co. Project A’s founding partner Florian Heinemann will also join the company’s board. Lost My Name’s first personalized children’s book “The Little Boy/Girl Who Lost His/Her Name” was one of the bestselling children’s book globally in 2015. With their second book, “The Incredible Intergalactic Journey Home”, they are well on their way to repeat this success.

  • Juli 21st, 2016 | Company

    Otto Group pitches short-term bond to institutional investors

    Owing to the current interest rate environment, where many banks are demanding penalty interest rates on their customers’ cash deposits, the Otto Group is offering institutional investors a safe haven for their liquidity with no loss of value. The global retail and services group has issued a 50 million euro bond with a three-month term and an annual interest rate of 0.14 percent.

  • Juni 29th, 2016 | Corporate Responsibility

    Otto Group expands FSC®-certified furniture assortment

    The share of sustainable products in terms of the Otto Group’s overall furniture assortment increased to 43% in 2015. As the largest online furniture retailer in the German-speaking region, the Group is a leader in this segment.

  • Mai 25th, 2016 | Company

    Otto Group: successful turnaround

    In the 2015/16 financial year (as at 29 February 2016) the globally active retail and services company Otto Group, Hamburg, achieved the targeted turnaround in its major business areas. The strategic initiatives previously announced by Hans-Otto Schrader, Chairman of the Otto Group Executive Board and Chief Executive Officer (CEO) Otto Group, including the clear reinforcement of the Group’s core businesses, investments in digital transformation and new business models, the restructuring of some Group companies and the rationalisation of the company portfolio, were consistently and successfully implemented.

  • Mai 17th, 2016 | Company

    Alexander Birken named as Chairman of the Otto Group Executive Board

    On 1 January 2017, Alexander Birken, Member of the Executive Board Otto Group, Multichannel Distance Selling, Spokesman OTTO, will take over as Chairman of the Executive Board at the international retail and services group. Long-serving CEO Hans-Otto Schrader is to step down at his own wish, having reached the age limit of 60 for Otto Group Executive Board Members.

  • März 31st, 2016 | Company

    Otto Group with a flying start into the new financial year

    The retail and services company Otto Group, Hamburg, looks back on a successful 2015/16 financial year (to 29 February 2016), characterised by very satisfactory growth at the large core companies and a consistent reorganisation of the company portfolio.

  • März 1st, 2016 | Company

    Otto Group sells Alba Moda to Klingel Group

    As part of its divestment strategy announced in 2015, the globally active retail and services group is to sell its subsidiary Alba Moda GmbH to K-Mail Order GmbH & Co KG. The relevant anti-trust authorities have already approved the deal.

  • Februar 10th, 2016 | Company

    Forecast 2015/16: Otto Group e-commerce revenues rise to 6.6 billion euros

    Otto Group, the internationally active retail and services group, is set to increase its global e-commerce revenues in the current financial year 2015/16 (to 29.02.16) by 400 million to 6.6 billion euros. According to the latest forecast the Group’s German online business has performed even better, with the Group generating a total of 4.4 billion euros, 10 per cent more than in the previous financial year.

  • Januar 13th, 2016 | Partner

    The Otto Group partners with PowaTag to drive mobile engagement

    The Otto Group has announced a partnership with Powa Technologies to secure and enhance their position in the modern retail market. This partnership will provide millions of customers of the Otto Group with a quick and simple way to shop and engage with its brands online, in-store and on the go. With mCommerce sales set to reach $626bn per annum in less than two years time*, the free mobile app PowaTag enables users to complete purchases in seconds by interacting with triggers including QR codes, beacons, audio signals as well as through links found on social media.

  • November 24th, 2015 | Company

    Otto Group withdraws Yapital from B2C market

    Otto Group, the retail and services group, has taken this step as a result of the highly competitive but slow-developing digital-payment business. While Yapital will no longer service the end-consumer market as of 31 January 2016, it will remain active as an e-money institution in the business-to-business (B2B) market.

  • November 12th, 2015 | Partner

    Otto Group and JD.com in joint venture deal

    The Otto Group and leading Chinese online marketplace JD.com have embarked on a joint venture that incorporates Otto’s subsidiary, Zitra GmbH. The purpose of this venture is to increase international e-commerce between Europe and China, with Zitra™ acting as an independent full-service provider to connect international brands with the leading marketplaces.

  • August 15th, 2016 | Company

    EOS Consolidated impresses with outstanding result

    EOS Consolidated impresses with outstanding result

    EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also able to increase its sales to EUR 596.1 million.

  • Juli 5th, 2016 | Company

    EOS acquires French/Belgian debt collection service provider Contentia

    EOS acquires French/Belgian debt collection service provider Contentia

    On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium. The EOS Group already has a successful debt collection company in each of the two countries.

  • Juni 30th, 2016 | Company

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    3SI Group sells multichannel stock-clearance business Cogemag-Excédence

    Following a private sale process, the 3SI Group today signed an agreement to sell its multichannel stock-clearance business, Cogemag-Excédence, to Artmadis, BtoB distributors and France’s leading tableware and cookware company.

  • Juni 22nd, 2016 | Company

    Generational change at the helm of EOS Group: Klaus Engberding to become CEO

    Generational change at the helm of EOS Group:  Klaus Engberding to become CEO

    Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner Scherer, the current long-time and extremely successful CEO, is leaving the Group of his own volition in order to retire.

  • Juni 15th, 2016 | Company

    Series A: Homeday Wins Project A and Paua Ventures as Investors

    Successful Series A Financing Round: Homeday Wins Project A and Paua Ventures as Investors

    Cologne-based start-up Homeday announced the successful closing of their Series A financing round today. In May this year, the renowned venture capital companies Project A and Paua Ventures committed among others to investing a seven-figure amount in the rapidly growing company, which is active in the field of property technology (called “PropTech”) and has chosen to specialize in particular in the data-driven pairing of real estate agents with appropriate customers.

  • Juni 14th, 2016 | Company

    New executive management team at Bonprix

    New executive management team at Bonprix

    With Bonprix CEO Dr Marcus Ackermann’s move to the Otto Group Executive Board as of 01 January 2017, the international fashion company will have a reshaped executive management team. Bonprix’s own Markus Fuchshofen and OTTO’s Dr Richard Gottwald will join the current Executive Directors Rien Jansen and Dr Kai Heck on the Bonprix Executive Board.

  • Juni 1st, 2016 | Company

    Lost My Name: Project A Invests €4 Million alongside other partners

    Lost My Name: Project A Invests €4 Million Alongside Google Ventures, Greycroft and Allen & Co

    Early stage investor and operational VC Project A has announced an investment of 4 million euros in Lost My Name, one of the leading creators of personalized children’s content. With this extension of the Series A round, Project A joins the circle of renowned international investors, including lead investor Google Ventures, Greycroft and Allen & Co. Project A’s founding partner Florian Heinemann will also join the company’s board. Lost My Name’s first personalized children’s book “The Little Boy/Girl Who Lost His/Her Name” was one of the bestselling children’s book globally in 2015. With their second book, “The Incredible Intergalactic Journey Home”, they are well on their way to repeat this success.

  • Mai 31st, 2016 | Company

    3SI Group confirms the acquisition of Girard-Agediss and the sale of Becquet

    In line with its new strategic priorities, 3SI Group confirms  the acquisition of Girard-Agediss and the sale of Becquet

    Further to the approval of the French Competition Authority, 3SI Group has signed, on 30 May, the acquisition of Girard-Agediss, the French leader in the delivery of bulky items and furniture to professional customers, private individuals and internet users. Further to an open transfer process, 3SI Group has signed, on 31 May, the sale of Becquet to Domoti, a well-known distance seller headquartered in Marquette-lez-Lille.

  • Mai 19th, 2016 | Company

    E.ventures brings new capital to support full investment lifecycle

    E.ventures adds a new $150 million European early stage fund to its $1bn global fund family and hires new general partner

    Today, e.ventures is announcing the closing of a new $150 million early stage fund to target Europe’s best businesses and entrepreneurs, bringing e.ventures’ total assets under management today to more than $1 billion. This new fund, focused on seed and Series A rounds, will be deployed alongside an already active $290 million global growth investment vehicle which targets subsequent financing rounds, allowing entrepreneurs to gain the full benefit of e.ventures’ expertise through the full investment lifecycle.

  • April 20th, 2016 | Company

    Outpacing the market: Hermes Group achieves double-digit growth in 2015

    Outpacing the market: Hermes Group achieves double-digit growth in the 2015 fiscal year

    The Hermes Group, continuing years of successful growth, also records impressive figures in the 2015 fiscal year. The trade and logistics services provider based in Hamburg has increased its turnover by 11% to €2,460 million (€2,230 million in 2014). A key contributor to this was the fast-growing international parcel and logistics business, driven by the booming e-commerce.

  • Legally required notifications of insider events are published here.

  • Legally required notifications of insider events are published here.

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