© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Drillisch’s Acquisition of Phone House Germany
Posted 21st May 2015

Drillisch’s Acquisition of Phone House Germany

Drillisch's Acquisition of Phone House Germany

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Drillisch’s Acquisition of Phone House Germany

Drillisch’s Acquisition of Phone House Germany

View Biography
Beiten

Christof Aha, Legal Adviser to Drillisch AG 

UK phone and electricals retailer Dixons Carphone announced that it has entered into an agreement to sell The Phone House Deutschland to German MVNO Drillisch.

This disposal follows a period of significant restructuring for the German business and is in line with the group’s stated strategy of focusing on market leadership positions while engaging in other markets through partnerships with its Connected World Services division.

Following completion, which is expected to take place by the end of May, Dixons Carphone will receive a 3 percent stake in the Drillisch Group, with potential further deferred payments from future excess cash flows. 

With more than 1 million customer referrals a year and revenue of more than EUR 350 million per annum, the Phone House in one of the largest distributors for mobile and fixed contracts as well as mobile and fixed telephony devices in Germany.

Drillish said it completes the creation of its new comprehensive offline distribution channel with this acquisition. The German operator earlier this year acquired a number of stores from Telefonica Germany following its takeover of E-Plus, in order to start its own physical retail chain.

The German company said it sees opportunities for further cooperation with Dixons Carphone, such as handset insurance and hardware.

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
The Benefits of Holding Life Insurance: Rewards for Your Peace of Mind
News
06/04/2022The Benefits of Holding Life Insurance: Rewards for Your Peace of Mind

When it comes to life insurance, there are many benefits that come with holding a policy. From peace of mind to tax breaks, there are many rewards for holding insurance. This blog post will discuss 10 of the top benefits of holding life insurance. If you have

Read Full PostRead - Eye Icon
Currencies Direct Completes Successful Pilot of XRP for FX Payments
Finance
29/05/2018Currencies Direct Completes Successful Pilot of XRP for FX Payments

The FX provider has completed a successful trial of Ripple’s xRapid solution, which allows international money transfers to be made in seconds

Read Full PostRead - Eye Icon
5 ways that SMEs can overcome cash flow challenges in uncertain markets
News
01/11/20245 ways that SMEs can overcome cash flow challenges in uncertain markets

Across the UK, many small and medium-sized enterprises (SMEs) face financial pressures due to a variety of factors, including fluctuating economic conditions and rising operational costs. These challenges often leave business owners searching for reliable stra

Read Full PostRead - Eye Icon
Morgan Tucker Acquisition of BES Consulting Engineers
Finance
27/05/2015Morgan Tucker Acquisition of BES Consulting Engineers

Morgan Tucker Acquisition of BES Consulting Engineers

Read Full PostRead - Eye Icon
A Brazilian Influence
Leadership
07/07/2022A Brazilian Influence

Fernanda Marques, Director of Fernanda Marques Arquitetos Associados, is a graduate of the Faculty of Architecture and Urbanism of São Paulo, FAU USP. Her work follows the same conceptual line that characterised her years of training - the integrated exercise

Read Full PostRead - Eye Icon
Thornton’s Takeover: Ferrero Buys Majority
Finance
23/06/2015Thornton’s Takeover: Ferrero Buys Majority

Ferrero International have successfully completed a takeover bid for the UK-based confectionery store chain.

Read Full PostRead - Eye Icon
Using Technology to Streamline Benefits Administration and Employee Engagement
Innovation
09/09/2024Using Technology to Streamline Benefits Administration and Employee Engagement

Employees often choose where they’ll work based on the benefits provided as part of an overall salary package.

Read Full PostRead - Eye Icon
Leading the Evolution of FinTech
News
03/01/2019Leading the Evolution of FinTech

Prepaid Financial Services (PFS) is currently one of the fastest growing financial services, technology companies and e-money payment institutions in Europe. We caught up with the firm’s CEO, Noel Moran who revealed to us how PFS stays ahead of the game in a

Read Full PostRead - Eye Icon
Choosing the Right GPS Fleet Tracker Provider for Enterprise-level Operations
News
05/07/2024Choosing the Right GPS Fleet Tracker Provider for Enterprise-level Operations

Curious about GPS fleet trackers and their benefits for enterprise-level operations? This article explains the importance of GPS fleet trackers for businesses, including how they improve fleet management, increase efficiency, reduce costs, and enhance customer



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow