BurdaDirect
07/04/2016

Burda acquires online wine dealer

BurdaDirect
07/04/2016

Burda acquires online wine dealer

BurdaDirect, a company within the Hubert Burda Media corporation, has acquired all shares in the online wine dealer Silkes Weinkeller. BurdaDirect became the majority shareholder at the end of 2013 with a stake of 74.9%. The complete takeover consolidates and expands BurdaDirect’s involvement in the e-commerce segment in an attractive B2C business field.

Together with founders Silke and Wolfgang Spruch (who stepped back from their operational role as managing directors at the end of 2014) and the current directors of Silkes Weinkeller, a decision has now been made to complete the planned acquisition of all remaining shares.

“We believe it is right for BurdaDirect, as sole shareholder, to continue harnessing the company’s potential for development and to significantly expand its position in the wine segment”, says Wolfgang Spruch.

“We thank Silke and Wolfgang Spruch for their years of passion and dedication and are delighted that they will continue to provide us with their expertise and support in an advisory capacity”, emphasises Michael Rohowski, managing director of BurdaDirect.

PDF

Related articles

BurdaPrincipal Investments
Vinted Donates €1 Million To Fight the Coronavirus
BurdaPrincipal Investments
Vinted Donates €1 Million To Fight the Coronavirus

Vinted, Europe’s largest online C2C marketplace dedicated to second-hand fashion, announced today that it is donating over €1 million to support the fight against COVID-19.

Harper's Bazaar
Jacky wins “Germany’s Next Top Model” 2020
Harper's Bazaar
Jacky wins “Germany’s Next Top Model” 2020

Congratulations to Jacky, winner of “Germany’s Next Top Model” Season 15! The 21-year-old will grace the cover of the latest issue of Harper’s Bazaar.

BurdaPrincipal Investments
Burda supports The Female Company with follow-on investment
BurdaPrincipal Investments
Burda supports The Female Company with follow-on investment

Hubert Burda Media announced a follow-on investment in the German FemCare start-up The Female Company (TFC). TFC will use the funds to further develop their tech & data platform, and to expand the product portfolio.