SRP Groupe — M&A Activity 2016

Nov 3, 2016

Showroomprivé Completes The Acquisition Of Saldi Privati

LA PLAINE SAINT DENIS, France, November 3, 2016 /PRNewswire/ --

Showroomprivé, an innovative European player in the online private sales industry, specializing in fashion, announces today that it has completed the acquisition of the Italian company Saldi Privati from the Banzai Group.

(Logo: http://photos.prnewswire.com/prnh/20151124/290566LOGO )

The acquisition of Saldi Privati (2.7 million members and €44m turnover in 2015) makes Showroomprivé the 2nd player in online private sales in Italy. It allows the Group to take a considerable step forward in the deployment of its multi-local international strategy. 

This is a disclosure announcement from PR Newswire.