ASTRATEX and three more deals successfully finalized during first five months of 2018
During the first five months of 2018 IMAP REDBAENK successfully finalized 4 deals.
One of the transactions was sell one of the leading e-commerce companies in the European market specializing in lingerie, ASTRATEX. The owner successfully sold a majority share to investment fund Hartenberg.
ASTRATEX is one of Europe’s leading online retailers specialized in lingerie and intimate fashion. The Company primarily sells women’s underwear and swimwear, but it is also active in the bed linen segment through its online store called BONATEX. The Company has been experiencing increasing popularity among female customers which translated into its significant growth and strong market position.
The Company is the clear leader in online lingerie markets in the Czech Republic, Slovakia, Poland and Romania, while recently starting its presence in Hungary, Bulgaria and Austria. Annual sales of the Company grew over 35% and reached close to CZK 600 mil. The Company expects to reach the revenue milestone of CZK 1 billion within the next 2–3 years.
HC electronics is an EMS business that manufactures a large mix of small to mid-size production series
IMAP Chairman Jurgis V. Oniunas details what's in store in the latest edition including ESG commentary from IMAP experts, and Lisbon keynote speaker, former Portuguese Prime Minister and President of the European Commission (EC), José Manuel Durão Barroso, insights into the implications of ESG investing, as well as practical advice for investors.
IMAP closed an all time high 294 M&A transactions valued at over $27 billion in 2021. The figure marked a significant jump up from the 212 transactions closed in 2020 and far surpassed the previous IMAP annual record of 230 transactions closed in 2019.
