Groupe Ldlc: ENTERING IN EXCLUSIVE NGOCIATIONS WITH STREET OF COMMERCE FOR THE ACQUISITION OF THE TOP BUY TRADE FUND

LIMONEST, OCTOBER 11, 2019

The LDLC Group announces today that it has entered into exclusive negotiations with the company Rue du Commerce in order to acquire the "Top Achat" business, whose business is online sales, maintenance and after-sales service. computer and high-tech products.

Founded in 1999, TopAchat.com, the "grocer of the geek", is an e-commerce player, specialized in the distribution of computer and high-tech products.

This operation would reinforce LDLC Group's leading expert position in the online distribution of IT and high-tech products.

TERMS OF OPERATION

This acquisition would be made entirely in cash from the Group's equity,

The finalization of this operation, subject to the consultation of the staff representatives and the signing of a definitive agreement conditional, if required, of the authorization of the competition authority, is envisaged by the end of March 2020 at the latest.

The market will be informed of the progress of the project.

GROUP PROFILE

The LDLC Group is one of the first companies to have launched online sales in 1997. Today a major player in e-commerce in the computer and high-tech market for individuals and professionals alike , the LDLC Group operates through 10 sites, including 5 merchants; it has more than 900 employees.

Several times rewarded for the quality of its Customer Relationship, recognized for the efficiency of its integrated logistics platforms, the LDLC Group also develops a network of stores owned or franchised.

Find all the information on the site www.groupe-ldlc.com

NEWS

© 2019 NewsNews