M&A Deal Summary

CEWE Stiftung & Co. KGaA Acquires WhiteWall

On April 30, 2019, CEWE Stiftung & Co. KGaA acquired internet software and services company WhiteWall from Avenso

Acquisition Highlights
  • This is CEWE Stiftung & Co. KGaA’s 1st transaction in the Internet Software and Services sector.
  • This is CEWE Stiftung & Co. KGaA’s 1st transaction in the United States.

M&A Deal Summary

Date 2019-04-30
Target WhiteWall
Sector Internet Software and Services
Buyer(s) CEWE Stiftung & Co. KGaA
Sellers(s) Avenso
Deal Type Divestiture

Target

WhiteWall

United States
WhiteWall provides an online service that enables hobbyists and professional photographers alike to have their own pictures produced to international gallery standards ready to hang in an exhibition or their own homes.

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Buyer(S) 1

Buyer

CEWE Stiftung & Co. KGaA

Oldenburg, Germany

Category Company
Sector Retail
DESCRIPTION

CEWE Stiftung & Co. KGaA offers customers multi-channel concepts in the form of walk-in shops and online stores. CEWE Stiftung is the major photo service in Europe and a successful supplier in the commercial online printing segment. Besides innovation and joy in photos, CEWE focus is on reliable professionalism in every area.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Avenso

Berlin, Germany

Category Company
Founded 1999
Sector Retail
DESCRIPTION

Avenso GmbH operates an art gallery network and online retail for photographic art. Avenso GmbH is a photographic printing brand with museum grade quality, serving artists, professional photographers, and corporate customers.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1