Investment group eRockets acquires a 15% stake in ČistéDřevo.cz to support its growth strategy and expand market presence in the Czech wooden products e-commerce sector.
Target Company Overview
ČistéDřevo.cz is recognized as the largest Czech e-commerce platform specializing in wooden products. The company has recently welcomed its first investor, acquiring a 15% stake from the investment group eRockets. With this strategic partnership, ČistéDřevo.cz aims to significantly enhance its turnover, targeting a threefold increase to 250 million Czech crowns within the next three years.
This investment represents a vital opportunity for ČistéDřevo.cz, facilitating not only financial backing but also access to eRockets' extensive expertise in business growth and strategic expansion. Ondra Klega, a representative from eRockets, expressed enthusiasm in collaborating with ČistéDřevo.cz to support their ambitious plans for market expansion and production growth.
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Industry Overview in the Czech Republic
The wooden products industry in the Czech Republic has witnessed steady growth, attributed to increasing consumer demand for eco-friendly and sustainable materials. As environmental co
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eRockets
invested in
ČistéDřevo.cz
in 2024
in a Strategic Partnership deal
Disclosed details
Revenue: $250M