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  5. Tendam Acquires Slowlove

M&A Deal Summary

Tendam Acquires Slowlove

On March 26, 2021, Tendam acquired e-commerce company Slowlove

Acquisition Highlights
  • This is Tendam’s 1st transaction in the E-Commerce sector.
  • This is Tendam’s 1st transaction in Spain.

M&A Deal Summary
Date 2021-03-26
Target Slowlove
Sector E-Commerce
Buyer(s) Tendam
Deal Type Add-on Acquisition

Target

Slowlove

Madrid, Spain
SlowLove is a lifestyle multibrand e-commerce where you can find a selection of fashion, beauty, accesorize and deco products. Slowlove was founded in 2015 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

Tendam

Madrid, Spain
Category Company
Founded 1880
Sector Retail
Employees10,000
Revenue 940M EUR (2012)
DESCRIPTION

Tendam is a specialist apparel retailer in Spain, operating a multi-format network with three main concepts: Cortefiel (medium to high quality classic clothing for men and women over 30 with a strong brand recognition in its home market); Springfield (18-30s fashion with a casual, contemporary look at value prices) and Women's Secret. Tendam was founded in 1880 and is based in Madrid, Spain.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2021 M&A 1 of 1
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