PE-firm 3i acquires majority stake in GartenHaus GmbH
September 23, 2020
PE-firm 3i Group is investing GBP 60m in GartenHaus GmbH and will thus become the majority owner of a leading online retailer of garden houses, saunas and other products for home and garden in the DACH region. GartenHaus, which employs 70 FTEs and is headquartered in Hamburg, was founded in 2002 and is a pure eCommerce player. In 2019, the firm had revenue of EUR 30m, 30pct. growth YOY.
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