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Adevinta sells its Spanish business to Sweden's EQT
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Adevinta sells its Spanish business to Sweden's EQT
Jul 21, 2025 4:39 AM

July 21 (Reuters) - Norwegian online classifieds group

Adevinta said on Monday it had sold its Spanish business to

Swedish private equity firm EQT, to focus more on the

rest of its European units for an undisclosed amount.

The deal includes the sale of brands such as job-search platform

Infojobs and real estate website Fotocasa, and it could be worth

more than 2 billion euros ($2.33 billion) in a sale, Reuters

previously reported.

Adevinta's Spanish unit comprises six different marketplaces

including a classified site for second-hand cars and motorbikes

coches.net and motos.net.

Norway's Adevinta, acquired by a consortium led by

Blackstone and Permira, also owns German online car sale

webpage mobile.de and French and Italian second-hand

marketplaces Leboncoin and Subito.

In 2020, EQT bought Spanish real estate ads platform

Idealista and sold it four years later, keeping a minority

stake.

($1 = 0.8591 euros)

(Reporting by Javi West, editing by Inti Landauro and Chizu

Nomiyama )

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