Delivery: Windeln.de goes public – tagesspiegel

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The online retailer Windeln.de dares to go public. The shares will be having later this year at the Frankfurt Stock Exchange.

After the next Zalando online retailers in Germany urges public. The Munich Internet-baby store Windeln.de wants with its IPO collect up to 200 million euros
, as the company announced on Friday. 120 million will be used to finance further expansion, the
rest goes to the founders and financiers growth of just under five-year-old company. Overlooking acquisitions said CEO Alexander Brand,
one of the two founders. “We carry various discussions, but there is nothing official yet.” From the official announcement and the initial listing it usually takes four weeks.

Fixed has windeln.de only that the IPO will go 2015 the stage.

has

The company’s sales starting in 2014 doubled

Last year, sales have more than doubled from windeln.de to 101 million euros in the first quarter of 2015, there were already 35.6
million euros. The growth rate of 87 percent from January to March would be but do not let the full year get fully upright,
said Chief Financial Officer Nicholas Weinberger.

In the portal, there is next to diapers and baby food and products for young children

The company sells, among other diapers, baby food and toys for babies and toddlers. The Internet shop under the
eponymous brand was profitable before interest and taxes already in 2014. Windeln.de sets in China more to than in Germany, Austria and Switzerland
. “Chinese people like to buy German quality,” Brand said. Total windeln.de made last year but net almost ten million euros
loss.

The largest investor is the British group DN Capital

According to financial circles windeln.de hovers a stock market valuation of 500 to 600 million euros before, so that 30 to 40 percent of the shares after the IPO
free float would. In January windeln.de had once collected 45 million euros from investors. The largest shareholder is the
British technology and capital financing DN Capital (24.3 percent) and Acton Capital (19.5 percent), which is largely funded by the Munich media group
Burda. Burda had already brought the online pet food distributors Zooplus public.

The German bank holds shares in the company

The German Bank and Goldman Sachs, the IPO together with BofA accompany Merrill Lynch responsible, hold shares in
windeln.de. All former owners would give the IPO a small percentage from, but remained invested in the company, said fire. rtr