As a in Munich founded Startup Tirendo became a talking point on Monday, when the Startup (based in Berlin these days) was bought by the competitor Delticom. News of the day: The European Media Holding, once the early stage investor on Tirendo, acquired a financial interest in Delticom AG.
So far, the European Media Holding wants to stay in the tire selling business. EMH ownes the Rally GmbH to 100 percent, which got 500.000 share ceritficates which means they invested around 20 million Euro. With this investment they own around four percent of Delticoms share certificates. The transaction will be completed within the next weeks.