Sharebox Blog

Sharebox has acquired the German key exchange operator Hoard

10-Apr-2019 13:32:06 / by Kjetil Faye Lund

Sharebox announce our entry into Germany and France by acquiring the stakes in Hoard. Impressed by their 400 locations and their 30.000 customers, we believe we together can create even more value for Airbnb, HomeAway and hosts and their guests in Europe’s fastest growing market.

Hoard women

With the takeover, Sharebox gets a strong position in an attractive and growing vacation rental market, and further strengthens its position. Sharebox sees solid potential for the Hoard network to continue to grow and develop, from continuing to offer more advanced products and up-selling existing customers, strengthening its position in the business segment, and leveraging on Sharebox’s technology and strong position in the Nordic region.

Hoard Berlin map

The transaction is expected to generate material synergies within automated solutions for key storage, check-ins, key pickup and best practice home rental.

Arne Eivind Andersen (2)-1

“I am very pleased to announce the transaction and our entry into Germany and France, the fastest growing vacation rental market in Europe. Hoard is an exciting addition to Sharebox, and a natural complement to our existing operations in Denmark and London. Not only are we strengthening our footprint in the Nordic region, we are also gaining a solid position in the European market and making room for further value creation. We will support Hoard customers and have focus on delivering high-quality services to customers in Germany and France,“ said Sharebox CEO Arne Eivind Andersen.

Hoard Paris map

Active hosts in European cities (data from Airdna).

60.000 London

10.500 Copenhagen

3.500 Oslo

2.140 Stockholm

13.150 Berlin

31.800 Paris

18.700 Barcelona

15.600 Madrid

5.700 Malaga

The transaction is another step executing on Sharebox’s strategic agenda, focusing on modernization and value creation within access control and management of keys for homes, cars and businesses in the Nordics and Europe, while continuing to deliver on the company’s priorities.

Topics: keysharing, Vacation, travel, host, airbnb, rental,, homerental, airbnb service, airbnb login, property, homeowners, holiday rentals, travelers, tourism, Airbnb Stockholm, Airbnb London, Airbnb Copenhagen, Airbnb Oslo, Airbnb Aarhus, Airbnb Denmark, Airbnb Barcelona, Airbnb France, Airbnb Germany, Airbnb Berlin, Airbnb Paris, Airbnb Madrid, Airbnb Espana, Airbnb for Works, Airbnb for Work, Sharing Economy, Platform Economy, Hoard

Kjetil Faye Lund

Written by Kjetil Faye Lund

Kjetil Faye Lund is CMO at Sharebox and writes blogs, press releases and texts.

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