HomeToGo Acquires French Vacation Rental Business Amivac from Groupe SeLoger.
MANews-(C)2009-2022
Luxembourg-based vacation rentals marketplace HomeToGo SE (Frankfurt Stock Exchange: HTG) has acquired France-based Groupe SeLoger's Amivac vacation rental business unit, which operates the French brands amivac.com, vacances.com and vacances.seloger.com, the company said.
The acquired brands operated by Amivac provide subscription listing services for both homeowners and professional agencies, which will contribute to growth for HomeToGo's Subscription and Services platform.
The sale is in line with Groupe SeLoger's strategy to focus on its core business - real estate search.
Looking ahead, the amivac.com, vacances.com and vacances.seloger.com brands will continue to operate under their independent identities.
The acquisition was signed in...
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