French shopping club Vente Privee steps into Northern Europe. As the company announced it has acquired a majority of stakes in Danish competitor Designers & Friends.
The in 2015 taken over Benelux company vente-exclusive.com will lead the enterprise group’s activities in Northern Europe, and will also guide the management of Designers & Friends in optimizing their website and also expanding to other Scandinavian countries.
"This acquisition demonstrates our long-term corporate vision and marks a first step in our expansion plans within Northern Europe. We pay great respect to the founders and executives at Designers & Friends.” said Jacques-Antoine Granjon, CEO and founder of vente-privee.com. "We all are very happy about the support for our joint European adventure, which now extends to Scandinavia."