Everyday has acquired Unieuro, the leading Italian electronics and appliance retailer, aiming to strengthen its market position and drive significant operational synergies.
Target Information
Everyday has successfully acquired Unieuro, the leading Italian retailer of electronic and household appliances. This acquisition positions Everyday as a European leader in specialized distribution, boasting nearly €11 billion in annual revenue and a workforce of around 30,000 employees.
The completion of this acquisition has proven successful, as evidenced by the company's performance. For 2024, the company reported a revenue increase of 1% to nearly €8 billion and an operational result of €182 million, showing a growth of 6% compared to 2023. This performance underlines the effectiveness of the existing performance plans across various departments.
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Industry Overview
The Italian electronics and appliance retail industry has shown resilience and adaptability over recent years, propelled by increasing consumer demand for high-tech product
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Disclosed details
Revenue: $8,592M
EBITDA: $182M