123inkt up for sale, FD puts purchase price at around €500m

Online cartridge and office supply company 123inkt is up for sale, and could raise at least €500m, the Financieele Dagblad said on Thursday, quoting anonymous sources. The sources suggest the company’s gross profit is currently in the region of €50 million to €60 million and that a buyer would have to pay some 10 times that. 123inkt’s last published figures date from 2019, when net profit was €28.5 million, but that was before the coronavirus pandemic which led to a...