Findos acquires stake in Fuxtec

The shareholders of Fuxtec will retain 35% of the shares in the jointly held newco. 

Findos invests in medium-sized companies with a turnover of €25-200m.

Company
Fuxtec sells gardening supplies from its online store in 15 European countries such as Spain, France, Romania and the Netherlands. In addition to its own brand of products it also offers repairs. The company is headquartered in Herrenberg-Gültstein.

People
Fuxtec – Tim Gumprecht (managing director).

Advisers
Company – Orrick (legal).

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