windeln.de sells Feedo to Czech distributor of baby & toddler products ags 92
(WorldNews Africa)

o Divestiture part of windeln.de`s measures to increase efficiency and profitability o Headcount reduction by 74 FTEs and reduction of negative EBIT of approx. EUR 3 million p.a. o Closing of transaction expected in the course of 2018 o All online shops within windeln.de Group now on same technical infrastructure Munich, July 20, 2018: Today, windeln.de SE (`windeln.de` or `Group`), one of the leading online retailers for baby and toddler products in Europe and for customers in China, has signed an agreement regarding the sale of its Eastern European subsidiary Feedo Sp. z o.o. and its subsidiary (`Feedo`) to the Czech...