Friday, December 08, 2017

Owner of the Imaginarium Acquires Puket

The owner of the Imaginarium, the Uni.co Group network, closed the purchase of 100% of the shares of Puket-intimate fashion company which has 160 stores in Brazil and 12 abroad. The value of the acquisition has not yet been revealed and the operation depends on the approval of the Administrative Council for economic Defense (Cade). The expectation of the Uni.co Group is completing the negotiations at the beginning of 2018. The Phuket was controlled by Grupo Dobrevê, owner of Malwee, which bought 70% of Phuket in 2013. The Phuket will keep your independent operation, however, there may be some synergies. As part of the agreement, the founders of Puket will continue on the Board of Directors of the company; your President, Sergio Dinov, also will remain in Office. Together, the Imaginarium and Phuket have estimated revenue for this year of $480 million and $522 million R R in 2018.
Giro News – 08/12/2017 News Item translated automatically
Click HERE to see original
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