Ecom Products Closes Acquisition of E-Commerce Firm International Brands Direct.
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.
Sector: IT/Online Services
Target: International Brands Direct
Buyer: Ecom Products Group
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Aug 21, 2017|
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