Skift Take

HomeToGo's M&A strategy: Focus more on profit, less on synergy.

Srividya Kalyanaraman

HomeToGo, the short-term rental comparison-shopping engine, acquired a 51% majority stake in two German companies: KMW Reisen and Super Urlaub. 

This is Germany-based HomeToGo's biggest deal ever, valued at around €31 million ($34 million). If the deal closes as expected in January, the brands would be included in HomeToGo’s financial reporting starting with first quarter earnings. However, the company will not break out the subsidiaries’ reve