INTERSHOP Communications Aktiengesellschaft (XTRA:ISHA) agreed to acquire 80% stake in Sparque B.V. on March 16, 2022.

INTERSHOP Communications Aktiengesellschaft (XTRA:ISHA) completed it's acquisition of 80% stake in Sparque B.V. on March 17, 2022. As per the terms of the transaction, Intershop will acquire 80% of the shares in the underlying organization SPARQUE B.V., while the remaining 20% will be retained by the incumbent management team who will join Intershop's extended management team. Intershop has also integrated Sparque's specialist e-commerce team in intershop's team.