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Triboo

M&A Activity Jan 17, 2020

4453_tar_2020-01-17_0fedacaa-ad55-4679-8a86-b4abf0c2bdb6.pdf

M&A Activity

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Informazione
Regolamentata n.
20042-2-2020
Data/Ora Ricezione
17 Gennaio 2020
15:36:00
MTA
Societa' : Triboo S.p.A.
Identificativo
Informazione
Regolamentata
: 126768
Nome utilizzatore : TRIBOON02 - A. Silvestroni
Tipologia : REGEM
Data/Ora Ricezione : 17 Gennaio 2020 15:36:00
Data/Ora Inizio
Diffusione presunta
: 17 Gennaio 2020 15:36:01
Oggetto : Triboo acquires 51% of LOVEThESIGN
Testo del comunicato

Vedi allegato.

Triboo acquires 51% of LOVEThESIGN

The acquisition of a majority stake in the capital of the online home design boutique aims to increase the Group's sales potential in the furniture sector.

Milan, 17 January 2020

Triboo, Group operating in the e-Commerce and Digital Advertising sector listed on the MTA market, announces the acquisition of a 51% stake in the share capital of LOVEThESIGN S.r.l., company active in online sales of designer furniture and furnishing accessories.

Since 2012 the e-Store, born in Milan, has been collaborating with the most prestigious brands and designers, and has created in a few years an elegant and exclusive catalogue of products. Triboo has acquired the shareholding from Aura S.r.l., group operating in the IT sector, which acquired LOVEThESIGN in September 2019.

"We are excited about this acquisition, which fits perfectly into Triboo's growth strategy, that aims to continue its expansion in the e-Commerce world, developing highly innovative projects in strategic sectors " - commented Marco Giapponese, General Manager of Triboo - "The investment in LOVEThESIGN will allow us to promote synergies with our Group and support the development of this technological platform, able to revolutionize a market sector with high growth potential such as design, which today offers space for innovation and digitization".

Through this operation, Triboo and Aura aim to enhance LOVEThESIGN's business relations, thanks to Triboo's B2B and B2C expertise, to offer digital solutions and services in a field that in Italy is characterized by a low penetration of technological innovation and a strong propensity to export.

About Triboo

Triboo S.p.A., company listed on the MTA market, is a Digital Transformation Factory that assists its customers in the creation and management of their digital activities worldwide. Thanks to its 500 professionals, the quality of services offered and to its international network, Triboo is a "one stop solution" able to promote the digital transformation of companies with an integrated offer of services of Digital Consulting, Digital Marketing, Digital Integration and Development, E-commerce Management, Content Development, Audience & Monetization and Training.

Triboo S.p.A. Investor Relations Giovanni Marino [email protected] Tel. +39 02 647 414 01

Triboo S.p.A. Viale Sarca 336, Edificio sedici 20126 Milano

Triboo S.p.A. Communication & External Relations Aldo Silvestroni [email protected] Tel. +39 02 647 414 01

www.linkedin.com/company/triboo-s-p-awww.facebook.com/GruppoTriboo https://www.instagram.com/triboogroup

Image Building S.r.l. Media Relations Simona Raffaelli, Emilia Pezzini [email protected] tel +39 02 890 113 00

www.triboo.com tel +39 02 647 414 01 fax +39 02 647 414 90

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