Brief: Cafom Finalises Sale Of Distri Service To Vente-Unique.Com Subsidiary

Cafom SA

03/10/2022 06:44

Oct 3 (Reuters) - Vente-Unique.Com SA  ALVU.PA :
    * FINALISATION OF THE SALE BY CAFOM OF THE DISTRI SERVICE
BUSINESS
TO A WHOLLY-OWNED SUBSIDIARY OF VENTE-UNIQUE.COM
    * VENTE-UNIQUE.COM WILL BE ABLE TO OFFER MARKETPLACE
CUSTOMERS AN
END-TO-END SERVICE, ENCOMPASSING LOGISTICS OPERATIONS AND THE
UNIQUE ABILITY TO DELIVER TO 11 EUROPEAN COUNTRIES
    * THIS TRANSACTION ALSO STRENGTHENS OPERATIONAL AUTONOMY OF
VENTE-UNIQUE.COM WITH RESPECT TO CAFOM GROUP
    * TRANSACTION, WHICH WAS FINALISED ON 1 OCTOBER 2022, WAS
BASED ON
A SALE PRICE OF €2.8 MILLION CERTIFIED BY AN INDEPENDENT EXPERT
AND WAS PAID FOR OUT OF VENTE-UNIQUE.COM’S AVAILABLE CASH
    * COMPANY THAT HAS TAKEN OVER BUSINESS, SPECIALLY CREATED
FOR THIS
PURPOSE, IS CALLED VENTE-UNIQUE.COM LOGISTICS AMB

Source text for Eikon:  ID:nACT76513 
Further company coverage:  ALVU.PA 
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