Dixons Carphone sells Dutch and German Phone House branches | RetailDetail

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


Smartphone sales drop for the first time ever

22/02/2018

2017 may have been a record year for smartphone sellers, but the market is weakening: for the first time since 2004, there were fewer smartphone sales in the fourth quarter.

Merger paid off for Fnac Darty

22/02/2018

French entertainment and electronics retailer Fnac Darty, the group which owns Belgian Vanden Borre and Dutch BCC, experienced a “solid 2017”, with a nearly 40 % turnover increase.

Ceconomy finds growth online

09/02/2018

Ceconomy, Media Markt and Saturn’s parent company, revealed a small turnover growth for its first quarter, thanks to improved online sales. Expectedly, its profit did drop.

Insurance company becomes second largest Fnac-Darty shareholder

08/02/2018

There has been yet another thorough shake-up among Fnac Darty’s shareholders. The merger company, which owns Belgian electronics chain Vanden Borre and Dutch retailer BCC, will now welcome insurance company SFAM, after it bought investment fund Knight Vinke’s shares.

Record profit for Apple despite disappointing sales

02/02/2018

Apple broke its turnover and profit records in the first quarter of its fiscal year, which ended on 30 December 2017. Nevertheless, there are unfavourable signals, because iPhone sales were below expectations.

Computer chips reason for Samsung's record profit

31/01/2018

Korean technology company Samsung’s fourth quarter resulted in a record profit, mainly thanks its chip division, where prices remain sky high.

Back to top