Investment firm takes stake in Coolblue

Dutch investment firm HAL has taken a 20% stake in former European Office Products Awards (EOPA) Reseller of the Year Coolblue.

Dutch investment firm HAL has taken a 20% stake in former European Office Products Awards (EOPA) Reseller of the Year Coolblue.

Coolblue – which started as a pure online reseller, but now has seven physical locations – had annual sales of around €555 million ($600 million) in 2015, growing the top line by more than 50%. HAL’s investment is thought to be around €140 million, which would value Coolblue at some €700 million.

The Dutch reseller – which was founded in 1999 – was recognised for its dynamic approach and customer service focus at EOPA 2015, picking up the coveted Reseller of the Year prize.

Rotterdam, Netherlands