Printer Friendly

Ecom Products Closes Acquisition of E-Commerce Firm International Brands Direct.

MANews-(C)2009-2017

21 August 2017 - US-based marketing, sales, e-commerce and logistics company Ecom Products Group Corp. (OTC: EPGC) has closed the acquisition of US-based e-commerce shopping sites provider International Brands Direct, the company said.

Terms of the deal were not disclosed.

EPG provides services, solutions and a platform allowing clients to connect with international markets.

IBD offers 2 distinct platforms for clients to broaden their reach.

IBDShop.com offers affordable fashion brands to customers all over the globe while currently targeting the US, Europe and Asia. IBDDestinations.com lists high-profile destinations to visit in key cities across the world.

Current listings include Shop New York, Shop London, Shop LA among others.

IBD also partners with leading fashion magazines to grow its social sector presence. Specifically, to reach Asia, the company also has a dedicated, Chinese language a[euro]Zapp accessing millions of Chinese consumers.

The firm's current clients include Macy's, Bloomingdale's, Saks Fifth Avenue, Century 21 Departments store, Westfield, Blank NYC and Robert Graham among others.

EPG is using its e-commerce services and solutions operations in the USA, Europe and Asia to allow brands to search, connect, communicate and transact with international consumers.

This provides a low cost solution to grow brands, conduct product promotions as well as ongoing sales.

Ecom Products Group is a marketing, sales, e-commerce and logistics company, with offices in London, Shanghai, Hong Kong, New York and Florida.

EPG owns its own resources in key European, Asian and China markets and offers e-commerce services, from marketing, sales and logistics, to dedicated sector solutions and is also building-out a number of social-based e-commerce platforms.

Country: USA

Sector: IT/Online Services

Target: International Brands Direct

Buyer: Ecom Products Group

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

COPYRIGHT 2017 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M & A Navigator
Geographic Code:90ASI
Date:Aug 21, 2017
Words:303
Previous Article:Clinigen Group Confirms Possible Offer for Quantum Pharma.
Next Article:Citizens Community Bancorp Closes USD 39.8m Acquisition of Minnesota's Wells Financial.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters