Norway’s online and mail order electronics retailer Komplett has completed the sale of its operations in the Netherlands, Belgium and Ireland to Dutch sector player ParaDigit Holding BV.
The takeover also includes a licence agreement that allows ParaDigit to use the Komplett name for its online operations. The Norwegian retailer has an option to repurchase the outlets on April 1, 2013.
Komplett’s concentration on the Scandinavian markets began in summer 2008, when Komplett pulled out of the UK, France, Austria and Germany.
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