Unieuro invests 60 million to enter the after-sales business

In the “most important acquisition in its history”, the brand acquires 100% of Covercare, a specialist in the repair, refurbishment and installation The price is ’round’: at least 60 million (4.5 immediately, the rest at the closing scheduled for April) plus the cash that will be present in the company plus an earn-out in 2026 with a ceiling of 10 million. But Unieuro felt it had to really go ‘Beyond’ simple retail and enter the refurbished business. It did so by purchasing 100% of Covercare (58 million turnover in 2022), leader in the domestic market of warranty extensions for the repair of mobile phones, portable devices and household appliances, and also active in the installation of air conditioners, boilers and in maintenance

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