Sparhandy GmbH and ElectronicPartner develop cooperation

The ElectronicPartner buying group and the E-commerce company Sparhandy GmbH are developing their strategic partnership. Purchasing, sales and logistics for both companies' mobile communications hardware will be pooled in the modern Sparhandy GmbH logistics centre at the Bochum site. At the same time, ElectronicPartner is increasing the former capital investment in Sparhandy to 50.1 percent and will become the majority shareholder. ElectronicPartner has held a minority stake in the company since 2013. Wilke Stroman, founder of Sparhandy, remains the sole managing director. Subject to the agreement of the cartel authorities, implementation will take place in August 2015.

"The stronger cooperation has considerable strategic importance for us. Mobile communications are one of the strongest drivers of growth in our branch. This cooperation makes ElectronicPartner and Sparhandy into one of the largest players, and it means we can also create a strong position for the future for our retail members", explains Michael Haubrich, member of ElectronicPartner's management board.

Sparhandy GmbH achieved the best result in the company's history in the commercial year 2014. "The strategic partnership with ElectronicPartner made a huge contribution towards this record result. Since the start of our partnership, we have been maintaining reliable and fruitful cooperation from which both sides benefit considerably. With this background, we are pleased to deepen our cooperation even further", says Wilke Stroman, Managing Director of Sparhandy GmbH.

About Sparhandy
Sparhandy GmbH is a leading E-commerce company in the area of telecommunications and been established on the market for more than 15 years with the TÜV SÜD certified portal Sparhandy GmbH promotes contract mobile communications services as an independent online reseller. Due to the strategic cooperation with the associate group, ElectronicPartner, as well as the cooperation partnership with,, ComputerBild and all network providers, Sparhandy GmbH has a strong position on the market. With its 160 staff members, Sparhandy GmbH has already processed more than 1.5 million orders and developed a satisfied customer base.
Sparhandy is one of the strongest growing technology companies in Germany (Technology Fast 50 ranking list 2014 of the auditing company Deloitte) and was awarded the TOP JOB seal in 2013 as a role model employer. Sparhandy is heavily involved with sport sponsoring and is, amongst others, an exclusive partner of Cologne's football club, 1. FC Köln.