Purplebricks Group plc (LON:PURP) confirmed today that the acquisition of Duproprio/ComFree completed on 6 July.
Commenting on the acquisition, Michael Bruce, Global CEO of Purplebricks, said: “Following the successful strategic investment of £125m in Purplebricks by Axel Springer we are pleased to have made this acquisition of what is the leading digital real estate business in Canada. We are excited to help them build upon the substantial market share they have achieved in Quebec and started to build in other parts of Canada.”
Purplebricks Group Plc is the leading next generation estate agency in the UK with operations in Australia and the US that combines highly experienced and professional Local Property Experts (Local Real Estate Experts in the US) and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. Purplebricks is transforming the way people perceive estate agents and estate agency.