ElectronicPartner agrees on cooperation with Sparhandy GmbH

ElectronicPartner Handel SE has entered into a cooperation with Sparhandy GmbH. As part of this cooperation, the Düsseldorf company acquires a minority share in the e-commerce enterprise.The transaction still has to be approved by the cartel authority.

Sparhandy GmbH is one of Germany’s leading online telecoms distributors with sales in 2012 of EUR 210 million. Brands of this owner-managed company in Cologne include sparhandy.de, conbato.de and mobook.de. In addition to online trading, Sparhandy GmbH also operates on the mobile-phone wholesale market as a result of its merger with eBoTrade.

For ElectronicPartner, the mobile-phone sector represents a growth-driving sector. The investment in Sparhandy GmbH will allow the company to exploit the potential offered by this merchandise group to an even greater extent and heighten its impact on the market.This will also result, for example, in purchasing advantages that will benefit not only EP: specialist distributors, but also MEDIMAX stores and comTeam systems manufacturers.

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