{"id":24814,"date":"2013-09-27T10:43:29","date_gmt":"2013-09-27T08:43:29","guid":{"rendered":"https:\/\/mux.muppet-lab.dev\/agreement-with-dixons-retail-for-the-acquisition-of-pixmania-signed\/"},"modified":"2013-09-27T10:43:29","modified_gmt":"2013-09-27T08:43:29","slug":"agreement-with-dixons-retail-for-the-acquisition-of-pixmania-signed","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/agreement-with-dixons-retail-for-the-acquisition-of-pixmania-signed\/","title":{"rendered":"Agreement with Dixons Retail for the acquisition of PIXmania signed"},"content":{"rendered":"<p class=\"intro\">mutares AG (&#8220;mutares&#8221;), and Dixons Retail, Europe\u2019s leading specialist electrical multi-channel retailing and services company, announce that, having completed consultations with the relevant works councils, both companies have now signed the agreement for the sale of PIXmania S.A.S to mutares A.G, a German listed industrial holding company.<\/p>\n<p>As part of its purchase of PIXmania, mutares has developed a robust plan to build on PIXmania\u2019s pure play e-commerce operations as well as to further develop its market-leading software platform. Completion of the transaction is expected to take place by the end of December 2013 after all conditions such as the approval of the relevant competition authorities have been met.<\/p>\n<p>Commenting on the transaction, Aur\u00e9lien Fauvel, head of mutares France, said:<\/p>\n<p>\u201cI am very pleased that we are now able to proceed with this transaction following our very positive discussions with employee representatives.\u00a0 We firmly believe that PIXmania can achieve long term success and can look forward with confidence.\u201d<\/p>\n<p>Commenting on the transaction, Sebastian James, Group Chief Executive of Dixons, said:<\/p>\n<p>\u201cI am delighted that we have been able to conclude consultations with the works councils so swiftly.\u00a0 This is testament to the strength of the plans that mutares has for the business, and to the vision that they were able to share with our colleagues at Pixmania.\u00a0 I believe that the company can now look forward to a robust future, and I look forward to watching it flourish under new ownership.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>mutares AG (&#8220;mutares&#8221;), and Dixons Retail, Europe\u2019s leading specialist electrical multi-channel retailing and services company, announce that, having completed consultations with the relevant works councils, both companies have now signed the agreement for the sale of PIXmania S.A.S to mutares A.G, a German listed industrial holding company. As part of its purchase of PIXmania, mutares [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[347],"tags":[],"class_list":["post-24814","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Agreement with Dixons Retail for the acquisition of PIXmania signed - Mutares SE &amp; Co. KGaA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mutares.com\/en\/agreement-with-dixons-retail-for-the-acquisition-of-pixmania-signed\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agreement with Dixons Retail for the acquisition of PIXmania signed\" \/>\n<meta property=\"og:description\" content=\"mutares AG (&#8220;mutares&#8221;), and Dixons Retail, Europe\u2019s leading specialist electrical multi-channel retailing and services company, announce that, having completed consultations with the relevant works councils, both companies have now signed the agreement for the sale of PIXmania S.A.S to mutares A.G, a German listed industrial holding company. 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