Press release
Finalization of the sale by Cafom
of the business of Distri Service
to a 100% subsidiary of Vente-unique.com
October 3, 2022.
The CAFOM Group, a major player in household equipment in Europe and overseas, announces the sale of the goodwill of Distri Service, a company wholly owned by its subsidiary CAFOM Distribution, to a direct subsidiary of Vente- unique.com, expert in the online sale of furniture and home furnishings in Europe.
This operation covers all of the operational activity of Distri Service, which operates the logistics platform in Amblainville (Oise), and includes in particular the company’s assets and the transfer of personnel and commercial contracts. It is part of Vente-unique.com’s medium-term development plan, based in particular on the implementation of a marketplace since the summer of 2022. Vente-unique.com will thus be able to offer an end-to-end service to marketplace customers, integrating logistics activities and the unique ability to deliver to 11 European countries.
This operation also strengthens the operational autonomy of Vente-unique.com vis-à-vis the CAFOM Group.
Since the sale of Habitat Design International, Vente-Unique.com has in fact become Distri Service’s only internal client of the CAFOM Group. During the financial year ended September 30, 2021, Distri Service achieved a turnover of €29 million, of which nearly 80% with Vente-unique.com.
The transaction, which was finalized on 1
er
October 2022, was made on the basis of a sale price of €2.8 million certified by an independent expert and was paid for using available cash from Vente-unique.com. The company that took over the business, specially created for the occasion, is called Vente-unique.com Logistics AMB.
About Cafom
Founded in 1985, Cafom is a major player in home furnishings. The Group is the majority shareholder of the European website Vente-unique.com and the leader in the distribution of household equipment in Overseas France (brands BUT, Darty, Habitat, Nature et Découvertes, First Deco and Musique et Son ). It also owns the Habitat brand and the international B2B site directlowcost.com.
Cafom has been listed on Euronext in Paris since 2005 (CAFO – FR0010151589).
About Vente-unique.com
Created in 2006, Vente-unique.com (Euronext Growth – ALVU), a subsidiary of the CAFOM Group (Euronext – CAFO), is an expert in the online sale of furniture and home furnishings in Europe. The company covers 11 countries (France, Germany, Austria, Belgium, Spain, Italy, Luxembourg, Netherlands, Poland, Portugal and Switzerland) and has delivered more than 2 million customers since its launch. In 2021, Vente-unique.com generated revenue of €163 million, up 38%.
|
NEWS finance & communication | |
Jerome Fabreguettes-Leib | Deborah Schwartz |
Investor Relations | Press relations |
01 53 67 36 78 | 01 53 67 36 35 |
This post has the “? Actusnews SECURITY MASTER” service.
– SECURITY MASTER Key:
lZmdZZaaapyZmWmeY5hrmGZkmmxjmGeVm5KYlmieZpnHcHFgyZeWaJScZnBnmmZo
– To check this key:
https://www.security-master-key.com.
Regulated information:
Inside information:
– Issuer operations (acquisitions, disposals, etc.)
Full and original press release in PDF format:
https://www.actusnews.com/news/76512-vu_cp_closing_distri_service_fr_vdef.pdf
© Copyright Actusnews Wire
Receive the company’s next press releases free of charge by email by subscribing to www.actusnews.com