Scout24-Group founder and former CEO invests in Keller Sports
Christian Mangstl, co-founder and former CEO of the Scout24 Group, will invest in Keller Sports GmbH. Keller Sports will use the growth financing to increase its leading market position and its successful growth in other countries, as well as accelerate its expansion to other sports.
Â“Since 2005 we have financed the company solely through the cash flow and, at the same time, we created a firm base for highly scalable processes in all areas. Now is the perfect time, to boost the internationalization and growth of our product assortment with extra power", declares Moritz Keller, Keller Sports co-founder and co-CEO. Â‘With Christian Mangstl we won an experienced partner, who will support us and our expansion financially and strategically.’ The current growth rate of 200% is to be further increased.
The current growth of over 200% in tennis and running with 4 language versions and with shipments to over 25 different countries shall be further increased in 2013. Christian Mangstl, the investor, sees this opportunity as well: Â‘The Keller Sports Team has established an extraordinary basis to accomplish a success story. I am very happy to be able to accompany this team in the following years.’
You can find a very own comment on this strategic matter in the Keller Sports blog at: http://www.keller-sports.com/the-blog/2013/01/24/mangstl-scout24-keller-sports/ About the Keller Sports GmbH:
The online sporting goods retailer Keller Sports (www.keller-sports.com) is one of the leading online retailers for running and tennis equipment in Europe. The online shop which was developed in-house was awarded, among other things, with the Â“Shop Usability Award" in 2009. Already since 2007 Keller Sports is operating with own shops abroad.
Keller Sports is offering more than 10.000 products, is reaching many hundred thousands of customers and is on its way to become Europe’s biggest supplier in the offered categories.
In the future, Keller Sports will continue its extraordinary service to the customer, for instance with self-made expert videos and test reports for thousands of products or with live-chat-opportunities with in-house product experts.
The efficient logistic-processes secure, among other things, that all order before 17 o’clock are shipped out Europe-wide on the same day.
You can find further information about Keller Sports at www.keller-sports.com or at http://www.keller-sports.com/aboutus.
Keller Sports GmbH
BalanstraÃŸe 73, H. 24
+49 (0)89 579492119