Kingfisher plc acquires NeedHelp services marketplace for €10 million

LONDON: Kingfisher plc, the international home improvement retailer, has acquired NeedHelp, one of Europe’s leading home improvement services marketplaces, for a total cash consideration of €10 million. As part of the transaction, Guillaume de Kergariou, the founder of NeedHelp, has reinvested proceeds from the sale in a 20% interest in the business, resulting in Kingfisher…