ABFRL to buy majority stake in Indian lifestyle brand Masaba
Masaba expects to generate annual revenues of Rs5bn ($67.3m) over the next five years.
Acquisition
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Reliance Retail acquires 25.8% stake in delivery service Dunzo
Dunzo recently launched its instant delivery model, Dunzo Daily, in Bengaluru.
CommentSold buys Vizzlie to help retailers with social media marketing
Merchants using the CommentSold platform can use Vizzlie to personalise and schedule posts and comments on social media platforms.
The Container Store buys home storage company Closet Works
The acquisition will allow The Container Store to manufacture wood-based spaces.
Reliance retail unit to acquire stake in robotic firm Addverb Technologies
The deal with Reliance will value Addverb Technologies at $212.7m - $222.1m.
Central Group, Signa agree to buy Selfridges Group for $5.4bn
Selfridges will become part of the combined portfolio of Central and Signa’s luxury department stores.
PAI to acquire majority stake in Spanish food retailer Uvesco
The investment will support Uvesco’s growth plans and acquisition strategy.
Online marketplace Vejii to purchase VEDGEco USA
The acquisition will strengthen Vejii’s plant-based brands offering.