Dixons Carphone sells Dutch and German Phone House branches

Dixons Carphone sells Dutch and German Phone House branches

British telco Dixons Carphone has sold the Dutch branch of The Phone House to local competitor Optie 1, just days after selling its German branch to the German telecoms company Drillish AG.

Keep minority stake

Dixons Carphone used to have all The Phone House Nederland's shares, but ever since Dixons and Carphone Warehouse merged, the company has undergone some restructuring. This time, it has decided to sell 83 % of the Dutch branch's to Optie 1, while keeping hold of a minority stake.

 

"Following last week's disposal of The Phone House Deutschland, this is another step in our clear strategic plan to focus on our core retail business in markets where we have scale and real relevance to customers, whilst growing through service partnerships in the wider international arena. We look forward to building a strong and healthy business together", CEO Sebastian James said.

Questions or comments? Please feel free to contact the editors


Carrefour and Fnac Darty consider purchase alliance

01/12/2017

Supermarket firm Carrefour and electronics seller Fnac Darty are considering an alliance for their electronics acquisitions. The combination could lower purchase prices.

Media Saturn launches a first, fully virtual shopping world

21/11/2017

Saturn customers can use their own VR goggles to see products in two virtual environments. It is not yet possible to actually buy something in VR however.

Pieter Haas, CEO Ceconomy: "We sell the consumer a digital life"

03/11/2017

MediaMarkt’s parent company, Ceconomy, has the key to consolidate the European electronics industry even more. The retailer will sell services and solutions: “We help people make the right decisions.”

Ceconomy continues growth in transitional year

26/10/2017

Ceconomy, a former part of German Metro Group, achieved a 4.6 % fourth quarter turnover increase to 5.264 billion euro. Media Market’s parent company mainly made strides online.

Fnac Darty grew 6 % in third quarter

20/10/2017

Fnac Darty has raised its third quarter turnover by 6 % to 1.792 billion euro, with growth in the Benelux as well. The company also revealed the integration of both companies is ahead of schedule.

Samsung CEO resigns despite record profit

13/10/2017

South Korean Samsung has managed a record profit in its past quarter thanks to strong chip sales. However, one of its three CEO’s still decided to resign.

Back to top