* Adevinta to sell its 76.2% stake in InfoJobs Brazil to Redarbor, through its
subsidiary Computrabajo, a company controlled by David González Castro
* Transaction is part of Adevinta's new "Growing at Scale" strategy focused on
driving sustainable growth across core European markets
* David González Castro to become the main shareholder of the combined
business (Computrabajo and InfoJobs Brazil)
Oslo, 30 March 2022 - Adevinta ASA (ADE) has today announced the completion of
the sale of its 76.2% stake in InfoJobs Brazil, the largest jobs marketplace in
Brazil, to Redarbor, the leading company in job marketplaces in Latin America
with the purpose of connecting companies to top talent across the region.
The sale of InfoJobs Brazil to Redarbor is part of Adevinta's "Growing at Scale"
strategy, announced in November 2021. Adevinta is focusing its portfolio to
drive growth in its five core European markets and accelerate innovation across
its products and services.
InfoJobs Brazil was launched in 2004 as Infoemprego by David González Castro,
and relaunched as Infojobs Brazil in 2007 by the joint venture then formed with
Schibsted. It is the most-used employment website in Brazil, with more than 44
million candidates registered across the platform and an average of 12 million
unique monthly visitors in 2021.
Founded in 2013 by David González Castro, Redarbor, the main shareholder of
Computrabajo, is the leading provider of integrated job solutions that helps
bring together companies with talented candidates, using technology to optimise
the job search process. The business is well-established in Latin America with
presence across 25 countries and over 35 million monthly active users.
The combined Computrabajo and InfoJobs Brazil business will create a regional
leader in online job marketplaces, with a significant base of regular active
users. Bringing the two companies together connects an even larger pool of
candidates to potential employers looking to find the best talent across Latin
America. Following the transaction, David González Castro will be the main
shareholder of the combined business.
Rolv Erik Ryssdal, CEO of Adevinta, said: "InfoJobs Brazil has seen incredible
growth in recent years, developing into the leading jobs marketplace in the
country. The sale to Redarbor will also enable Adevinta to focus on the next
stage of our growth, as we continue to build momentum in our five core European
markets. I am confident that under David Gonzaléz's leadership it will continue
to flourish."
David González Castro, CEO and Founder of Redarbor, said: "With this operation,
Redarbor, adding Infojobs Brazil to Computrabajo, consolidates its leading
position in job marketplaces in Latin America. I am very confident in the
success of this acquisition because of the great potential I see in Infojobs
Brazil, together with Computrabajo and our software HR solutions. I want to
thank Schibsted, Adevinta and Rolv Erik for all these years of enriching
partnership."
-END-
NOTES TO EDITORS
Media Contacts
Adevinta
Mélodie Laroche
Head of Corporate Communications
+33 (0) 6 84 30 52 76
melodie.laroche@adevinta.com
Redarbor
Isabel Brugada
Senior Communications Manager
+ 34 669 630 796
Isabel.brugada@redarbor.net
About Adevinta
Adevinta is a leading online classifieds specialist, operating digital
marketplaces in 15 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from real estate to
motors, and consumer goods.
Adevinta's portfolio spans more than 40 digital brands, covering one billion
people and attracting approximately three billion average monthly visits.
Leading brands include top-ranked leboncoin in France, Germany's leading
classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the
Netherlands, fotocasa and InfoJobs in Spain, and 50% of fast-growing OLX Brasil.
Adevinta employs around 7,500 people committed to supporting users and customers
daily. Find out more at Adevinta.com.
About Redarbor
Redarbor is an international company with headquarters in Barcelona, leader in
job marketplaces in Latin America with a presence in more than 25 countries.
Founded in 2013 by the entrepreneur David González Castro, Redarbor has become
the third online employment group in the world and the first in Latin America,
with the job boards Computrabajo and Bestjobs. The company also has software HR
products for talent acquisition such as the ATS SherlockHR and Shermind
Partners, and HolmesHR, for talent management. The company has 7 offices
worldwide and more than 430 employees.
About InfoJobs Brazil
With an average of 12 million unique monthly users and 44 million candidates
registered, InfoJobs is the leading job marketplace in Brazil. The site was
founded by David González Castro in 2004. In 2011, after a major product refresh
in combination with a successful marketing campaign, InfoJobs became the most
used employment website in Brazil. The site's mission is to help people improve
their professional careers and enable companies to find the best talent.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act