ThredUp Has Entered Into A Binding Agreement To Divest Its European Business, Remix, In A Management Buyout Led By Florin Filote, The General Manager Of Remix; No Financial Terms Disclosed
ThredUp Has Entered Into A Binding Agreement To Divest Its European Business, Remix, In A Management Buyout Led By Florin Filote, The General Manager Of Remix; No Financial Terms Disclosed
ThredUp Inc. (NASDAQ:TDUP, LTSE: TDUP))), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that it entered into a binding agreement to divest its European business, Remix, in a management buyout led by Florin Filote, the General Manager of Remix. The divestiture closed simultaneously with the signing of the agreement. ThredUp retains a minority interest in the Remix business and prior to the closing of the transaction, Remix received a final cash investment of $2 million from ThredUp to help fund operations as Remix continues its fundraising process independently. This strategic transaction allows both ThredUp and Remix to focus on their respective core markets and strengths.
ThredUp Inc.(納斯達克:TDUP,LTSE:TDUP),作爲最大的在線服裝、鞋子和配件的二手平台之一,今天宣佈已簽署一項有約束力的協議,以管理層收購的形式出售其歐洲業務Remix,管理層收購由Remix的總經理Florin Filote領導。此項剝離在協議簽署時同時完成。ThredUp在Remix業務中保留了少數股權,在交易關閉之前,Remix從ThredUp獲得了200萬美元的最終現金投資,以幫助其運營,因爲Remix將繼續獨立進行融資。這一戰略交易使ThredUp和Remix能夠專注於各自的核心市場和優勢。
譯文內容由第三人軟體翻譯。