UK-based telecom retailer Dixons Carphone has reached an agreement to sell its Spanish business entities, including The Phone House Spain, Connected World Services Europe and Smarthouse.
The entities will be acquired by technological solutions provider Global Dominion Access for €55m ($63.4m).
Following the sale, Dixons intends to shift its focus to invest in high-footfall markets.
Private equity firm JW Childs Associates has acquired a majority interest in lifestyle retailer EbLens from KarpReilly.
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"Following the sale, Dixons intends to shift its focus to invest in high-footfall markets."
All the companies involved in the acquisition are based in the US.
Ropes & Gray supplied legal assistance to EbLens on the transaction, while Robert W Baird & Co provided financial advisory services.