Dante International (trading as eMAG) has announced the acquisition of a minority stake in Zitec COM for €1.7m ($1.8m).

Dante is an online retailer of consumer products, while Zitec is a software company.

Both companies are based in Romania.

"Zitec will utilise the funds to expand its business and hire new employees."

Zitec will utilise the funds to expand its business and hire new employees.

Korean beauty brand Its Skin has announced its merger with Hanbul Cosmetics.

Hanbul Cosmetics, a consumer goods company based in Korea, will be dissolved following the merger and the merged entity will be named Its Hanbul.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.