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.（纳斯达克：TDUP，LTSE：TDUP），作为最大的在线服装、鞋子和配件的二手平台之一，今天宣布已签署一项有约束力的协议，以管理层收购的形式出售其欧洲业务Remix，管理层收购由Remix的总经理Florin Filote领导。此项剥离在协议签署时同时完成。ThredUp在Remix业务中保留了少数股权，在交易关闭之前，Remix从ThredUp获得了200万美元的最终现金投资，以帮助其运营，因为Remix将继续独立进行融资。这一战略交易使ThredUp和Remix能够专注于各自的核心市场和优势。
