Search giant Mitula buys Nestoria

20 May 2015

Madrid-based Mitula Classified acquired 100 percent of London-based Lokku Limited for an undisclosed amount and changed the company name to The Mitula Group Limited.

The Mitula Group owns Mitula.com, a vertical search engine for autos, jobs and real estate in 38 countries, and Lokku Limited owns (among others) <a href="http://www.nestoria.com

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Christo Volschenk

Christo Volschenk is managing editor of the news on Aimgroup.com and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.