Farfetch has completed the acquisition of CuriosityChina for an undisclosed sum.
Established in 2008, Farfetch is an e-commerce start-up based in the UK, while CuriosityChina is a digital and technology firm focusing on Chinese digital platforms for premium and luxury brands.
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The acquisition enables Farfetch to extend its social media efforts in China.
Invictus MD Strategies Corp has signed a letter of intent (LOI) for the acquisition of 100% issued and outstanding shares of Clinic and Retail Co.
Invictus MD is a cannabis production facility operator based in Canada, while Clinic and Retail is a medical clinics operator and cannabis retailer.
The purchase consideration will be paid through a combination of cash and equity, including an upfront cash payment of C$0.5m ($0.38m) and C$0.75m ($0.57m) in common shares of Invictus.
The transaction will enable Invictus MD to improve its operations.
5Square and a group of business angels have acquired a majority stake in My Micro Group (MMG) for an undisclosed sum.
5Square is an independent investment company, while MMG is an online wholesaler of electronics parts. Both the companies involved in the transaction are based in the Netherlands.
MMG will use the funds to develop its brands, improve market share and expand its global presence.
Culligan International Company has completed the acquisition of Aqua Vital Quell- und Mineralwasser GmbH from Halder Beteiligungsberatung GmbH for an undisclosed sum.
Culligan is a producer and distributor of water filtration and treatment systems in the US, while Aqua Vital is a provider of water coolers and dispensers and Halder is a private equity firm.
Both Aqua Vital and Halder are both based in Germany.
AURELIUS Alpha Limited has acquired Ideal Shopping Direct from Blackstone for an undisclosed sum.
AURELIUS is a subsidiary of AURELIUS Equity Opportunities SE & Co KGaA, while Ideal Shopping Direct is a multi-channel home shopping retailer.
DC Advisory is the financial advisor and DLA Piper is the legal advisor to Aurelius for the transaction.
AURELIUS will work with the company’s existing management team to execute a transformation programme for improving its brand recognition in the UK and customer offering, following the completion of the transaction.
