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Spartoo Announces The Completion Of Its Acquisition Of A Minority Stake In The French Responsible Brand Saaj

PRIVATEAug 01, 2022

Acquiring Company

Spartoo

Acquired Company

Minority Stake

E CommerceFashionRetail

Description

Regulatory News:

Quick answer

Spartoo is acquiring Minority Stake, announced August 1, 2022.

How much did Spartoo pay for Minority Stake?
The deal value was not disclosed.
What does Spartoo do?
With 10,000 brands and more than 1.2 million items, Spartoo offers one of the widest selections of fashion items (footwear, ready-to-wear, bags) in more than 30 countries in Europe, thanks to its team of more than 400..

Source: Fundz verified event record.

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Company Information

Company

Spartoo

About

With 10,000 brands and more than 1.2 million items, Spartoo offers one of the widest selections of fashion items (footwear, ready-to-wear, bags) in more than 30 countries in Europe, thanks to its team of more than 400 employees of nearly 30 different nationalities. In 2021, the Group generated a GMV (Gross Merchandise Value) of €214 million, 41% of which was generated internationally. With an integrated logistics platform and after-sales service, Spartoo stands out for its customer-centric approach, as evidenced by a very high customer satisfaction rate. The strategy is based on the strong synergies between the online sales model and the advantages of physical stores, which support loyalty and brand awareness. Capitalizing on its e-commerce know-how, Spartoo has also developed a complete range of services for professionals.

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Frequently asked

Who acquired Minority Stake?

Minority Stake was acquired by Spartoo. The deal was reported on August 1, 2022. Spartoo is privately held and operates in E Commerce.

When did Spartoo acquire Minority Stake?

Spartoo's acquisition of Minority Stake was reported on August 1, 2022. Regulatory News: Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Minority Stake do?

Minority Stake is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.