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Fashionette acquires Brandfield
May 3, 2021 by Ecommerce News. About Acquisition with tags Germany, The Netherlands. 2242 views.
Fashionette, an online platform for luxury fashion accessories, has acquired Dutch jewelry store Brandfield. With this acquisition, the German company Fashionette wants to accelerate its international profitable growth. Advertisement
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The exact amount of money Fashionette has paid to acquire all of the shares of the holding companies Brandfield Holding B.V. and Fastylo Holding B.V. is unknown, but it’s in the lower double-digit million euro range. The closing of the transaction is expected to occur on the first of July.
Bloom & Wild acquires Bloomon
Today by Ecommerce News. About Acquisition with tags The United Kingdom. 382 views.
UK online florist Bloom & Wild has acquired Bloomon, its competitor from the Netherlands. Both companies will continue operating under their respective brand names. With the acquisition, the new group will be active in eight countries across Europe.
“This is a huge step as we accelerate our mission to build Europe’s leading and most loved flower company. Today’s announcement means that we are now Europe’s leading online flower delivery company”, Bloom & Wild explains.
The group expects 8 million deliveries this year.
The combined business expects to exceed 8 million deliveries across Europe in 2021. It also expects to achieve 250 million euros in revenue this financial year.
Thrasio expands budget to grow across Europe
February 22, 2021 by Ecommerce News. About Acquisition, Funding with tags Europe, Germany. 2762 views.
Thrasio, a company that acquires Amazon FBA brands and then scales them, will expand its recent 200 million euros commitment to 500 million euros. It will use this money to acquire ecommerce businesses in Germany and further expand its growth across Europe.
One of its latest acquisitions is that of Bonstato, a private label brand incubator from Germany that sells on the marketplaces of Amazon in Europe. About 96 percent of Bonstato’s revenue comes from this popular ecommerce platform.
Over a billion dollars raised in the last month
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