Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  3i Group plc    III   GB00B1YW4409


Real-time Estimate Quote. Real-time Estimate CHI-X - 11/27 04:45:06 am
1065 GBX   -0.51%
11/133I : JMJ Associates Announces New CEO
11/133I : invests in MPM to accelerate international expansion
11/123I : Presentation (1.7mb)
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

3i : invests in GartenHaus to build the leading European platform for home and garden projects

09/22/2020 | 04:05am EST

22 Sep 2020 3i invests in GartenHaus to build the leading European platform for home and garden projects

3i Group plc ('3i Group') announces that it has agreed to invest c. £60m for a majority stake in A-Z Gartenhaus GmbH ('GartenHaus'), an online leader in garden homes, sheds, saunas, and related products in the DACH region. As part of the transaction, GartenHaus' management team and board will also invest to become shareholders in the business.

GartenHaus offers garden houses, sheds, carports, terraces, saunas and other, often bulky, garden and home related products with garden houses being its core product category. The company focuses on the high-quality, mid-to-upper priced segment of the market and differentiates itself through product development, excellent customer service and the management of complex logistics to deliver and assemble its products which weigh on average more than 1,000 kg.

GartenHaus, headquartered in Hamburg, Germany, was founded in 2002 and is a pure eCommerce player. With the launch of its first online shop in 2009, GartenHaus has been the pioneer in selling garden homes directly to consumers. With around 75 employees, the company combines specialist trade product know-how with digital competence and offers a one-stop shop for customers, from planning to realisation and maintenance of garden and home projects.

The company benefits from direct interaction with its customers along the complete project journey with a high level of SEO website traffic as a result of its strong content. Driven by a further shift towards online and the increasing popularity of gardening and leisure trends, the relevant home and garden market is expected to grow by more than 10 percent per year going forward while online penetration is expected to double by 2025.

Peter Wirtz, Partner, 3i, commented: 'For us, GartenHaus is a highly attractive investment opportunity. It is a niche market player with strong digital capabilities which is benefitting from the shift to online. We see GartenHaus as a nucleus to establish the online champion for home and garden projects across Europe. The key focus is to expand the product range into adjacent categories, as well as to internationalise the business by expanding into neighbouring countries such as the UK, France, Scandinavia and the Netherlands which have fragmented markets and similar product trends.'

Sebastian Arendt, CEO, GartenHaus added: '3i has a great reputation for helping its companies to grow internationally and we are excited to partner with its team at this point in our journey. The 3i team has a strong network, excellent digital capabilities and a strong track record in the consumer retail space, all of which will be of great benefit to GartenHaus.'


Download the press release

For further information, contact:

3i Group plc

Silvia Santoro
Investor enquiries

Tel: +44 20 7975 3258
Email: silvia.santoro@3i.com

Kathryn van der Kroft
Media enquiries

Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com

About 3i Group

3i is an investment company with two complementary businesses, Private Equity and Infrastructure, specialising in core investment markets in Northern Europe and North America.

3i's Private Equity team provides investment solutions for growing companies, backing entrepreneurs and management teams of mid-market companies with an EV typically between €100m - €500m. We back international growth plans, providing access to our network and expertise to accelerate the growth of companies across the consumer, industrial, healthcare and business and technology services industries.

For further information, please visit: www.3i.com

About GartenHaus

The Hamburg-based A-Z Gartenhaus GmbH was founded in 2002 and currently employs 75 people. With 1 million monthly users it is the digital market leader for home and garden projects in Germany, Austria, Switzerland and the Netherlands.

The digital specialist has developed an innovative online shop including price comparison and unique and rich media content for a product range of 30,000 SKU and services. Consequently, GartenHaus GmbH offers the largest products assortment in Europe from 100 third party and 7 private label brands, such as Alpholz, CARLSSON, FinnTherm and Terrando. The product range includes garden sheds, saunas, patios, carports, garages, children's playhouses, pools, green houses and much more. On request, GartenHaus GmbH handles the entire garden and home project, from A to Z: assembly, consultation, planning permission, foundations, maintenance and accessories. The extensive range of services includes products made to measure and configurators allowing customers to design products individually.

For further information, please visit: www.gartenhaus-gmbh.de

Regulatory information

This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.


3i Group plc published this content on 22 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2020 08:04:02 UTC

© Publicnow 2020
All news about 3I GROUP PLC
11/133I : JMJ Associates Announces New CEO
11/133I : invests in MPM to accelerate international expansion
11/123I : Presentation (1.7mb)
11/123I : Half year results announcemen
11/123I : Results for the six months to 30 September 2020
11/093I GROUP PLC : half-yearly earnings release
11/093I : invests in MPM to accelerate international expansion
09/233I : Capital Markets Seminar
09/233I : Download presentation (2.7mb)
09/233I : Update on the portfolio and Capital Markets Seminar
More news
Sales 2021 2 046 M 2 736 M 2 736 M
Net income 2021 1 771 M 2 369 M 2 369 M
Net Debt 2021 504 M 674 M 674 M
P/E ratio 2021 5,83x
Yield 2021 3,47%
Capitalization 10 306 M 13 740 M 13 782 M
EV / Sales 2021 5,28x
EV / Sales 2022 5,95x
Nbr of Employees 240
Free-Float 96,5%
Duration : Period :
3i Group plc Technical Analysis Chart | III | GB00B1YW4409 | MarketScreener
Technical analysis trends 3I GROUP PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 8
Average target price 1 276,14 GBX
Last Close Price 1 070,50 GBX
Spread / Highest target 30,1%
Spread / Average Target 19,2%
Spread / Lowest Target 2,48%
EPS Revisions
Simon Alexander Borrows Chief Executive Officer & Executive Director
Simon Robert Thompson Non-Executive Chairman
Jasi Hari Halai Group Operating & Financial Controller
Julia Susan Wilson Group Finance Director & Executive Director
Jonathan Paul Asquith Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
3I GROUP PLC-2.50%13 740
BLACKROCK, INC.39.97%107 308
UBS GROUP AG8.38%52 297
T. ROWE PRICE GROUP INC.19.04%32 842