NPM Capital and Cyrte Investments sell retailer bol.com for €350m

The deal is expected to conclude in Q2 of 2012.

The company was acquired by Cyrte Investments and NPM Capital for approximately €110m in April 2009 from Holtzbrink Networks and Verlagsgruppe Weltbild.

Company
bol.com is a Utrecht-based books and electronics online retailer. It will continue to be headquartered in Utrecht once the acquisition is concluded. The firm has 3.4m customers and an annual turnover of €355m.

It was founded in 1999 as Bertelsmann Online.

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