HomeToGo SE (Frankfurt Stock Exchange: HTG), a provider of a marketplace with a large selection of vacation rentals, acquired Amivac, a vacation rental business unit of Groupe SeLoger, which operates the French brands amivac.com, vacances.com and vacances.seloger.com.
The amount of the deal was not disclosed.
The acquired brands operated by AMIVAC provide subscription listing services for both homeowners and professional agencies, which will contribute to growth for HomeToGo’s Subscription & Services platform.
Looking ahead, the amivac.com, vacances.com and vacances.seloger.com brands will continue to operate under their independent identities. The acquisition was signed in August 2021, and closed on January 1, 2022.
Founded in 2014 by Dr. Patrick Andrae, CEO, HomeToGo operates a marketplace for alternative accommodation that connects millions of travelers searching for a place to stay with thousands of inventory suppliers across the globe.
While HomeToGo SE’s registered office is located in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. The company operates localized websites and apps in 23 countries.
FinSMEs
03/01/2021