REA Group to Acquire 35% Interest in Distilled, Owner of Daft.ie
REA Group announced it has agreed to acquire a 35% non-controlling minority interest in Distilled Ltd, the leading multi-vertical digital marketplace operator across Ireland and Northern Ireland. The investment is intended to extend REA's core property strategy into a digitally mature, high-growth market.
Why it matters — REA watchers would care because the deal marks REA's expansion into the Irish property marketplace, a new growth opportunity outside its existing markets.