Post by Bastian Nieuwenhuis

Partner | People Strategy and M&A

We congratulate our client JD.com on the successful strategic investment partnership with CECONOMY AG, the parent company of leading European consumer electronics retailers MediaMarkt & Saturn. This landmark transaction, set to create a leading next-generation consumer electronics platform in Europe, was supported by our full-cycle EY & EY-Parthenon Diligence Suite. Financial due diligence was led by Dr. Robert Wienken and Dr. Le Wang; Tax due diligence by Christian Biel, Eric Hoppe, and Fabian König; HR due diligence by Bastian Nieuwenhuis and Clemens H.; IT & Cyber due diligence by Sandra Zahn, Lars Schwarze, and Martin Hampel; and Commercial and Operational due diligence by Jonas Wald, Jan-Sebastian Hovest-Engberding, and Christopher Gruene. Together, this integrated team delivered comprehensive insights and analyses to facilitate this significant cross‑border deal. #StrategyRealized #EYParthenon

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