Rockaway Capital to Acquire Netretail and Heureka for over €200M

Rockaway Capital, a global investment firm based in San Francisco, Prague and Sao Paolo, reached an agreement to acquire 100% of Netretail Holding B.V. and Heureka.

– Netretail Holdings is an online retail business in Central Europe, including the Czech Republic, Slovakia, Hungary, Poland and Slovenia markets.
– Heureka is an online price comparison business in the Czech Republic and Slovakia.

The more than €200m transaction, involving Naspers (NPN.SJ; LSE: NPSN), and other shareholders, remains subject to regulatory approvals.

The acquisition was led by Rockaway Capital, with Daniel Kretinsky, Patrik Tkac, while PPF Group provided the financing.

Led by Jakub Havrlant, CEO, Rockaway is building the Internet economy in emerging markets, via venture capital, private equity or its own incubation. Its e-Commerce Holding unit consists of grocery and non-food specialty e-commerce shops, a superstore generalist e-commerce retailer, price comparison engines, and a last-mile delivery network throughout Central and Eastern Europe.



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