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April 23, 2024 at 11:14
04/23/2024
The CAFOM Group grants the Habitat brand license
at Vente-unique.com
The CAFOM Group, a major player in home furnishings in Europe and Overseas, announces that it has granted the operating license for the Habitat brand to Vente-unique.com, an expert in the online sale of furniture and home furnishings. home in Europe. This announcement is part of the rebirth of the iconic Habitat brand orchestrated by Vente-unique.com announced today (see press release).
The agreement, with an initial duration of 3 years, is accompanied by a fixed remuneration of €600,000 per year paid by Vente-unique.com to CAFOM as well as an exercisable purchase option for the Habitat brand. over this period by Vente-unique.com, for an agreed price of €15 million. In the event that the option is not exercised by the end of the initial period, it is intended to continue the license agreement.
Furthermore, as announced on March 27, 2024, the CAFOM Group voluntarily took the initiative to seek a solution for the approximately 9,000 customers affected in France by the liquidation of the former operator of the Habitat brand, for total damage estimated at approximately 9 million euros in sales price including tax. CAFOM, which has entrusted Vente-unique.com with the implementation of this plan, will take responsibility for the investment necessary to cover the price of the products to be delivered as part of this campaign and Vente-Unique.com will take responsibility for the bears logistics costs.
About Cafom – www.cafom.com
Created in 1985, Cafom is a major player in home design. The Group is the majority shareholder of the European website vente-unique.comand the leader in the distribution of home equipment overseas (brands BUT, Darty, But Cozy, Habitat, Nature & Découvertes, First Déco and Musique et Son). He also owns the brand Habitatand the international B2B site directlowcost.com.
Cafom has been listed on the Euronext in Paris since 2005 (CAFO – FR0010151589).
About Vente-unique.com
Created in 2006, Vente-unique.com (Euronext Growth – ALVU), a subsidiary of the CAFOM Group (Euronext – CAFO), is an expert in the online sale of furniture and home furnishings in Europe. The company covers 11 countries (France, Germany, Austria, Belgium, Spain, Italy, Luxembourg, Netherlands, Poland, Portugal and Switzerland) and has delivered to more than 2.5 million customers since its launch. In 2023, Vente-unique.com achieved an overall business volume of €202 million, an increase of 18%.
NEWS finance & communication | |
Pierre Jacquemin-Guillaume | Anne-Charlotte Dudicourt |
Investor Relations | Press relations |
01 53 67 36 79 | 06 24 03 26 52 |
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Vente-Unique.com SA published this content on
April 23, 2024 and is solely responsible for the information contained therein. Distributed by
Audienceunedited and unaltered, on
April 23, 2024 09:13:07 UTC.
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Vente-Unique.com is the European leader in the online sale of furniture, decorative items and home equipment. The products include furniture products (sofas, armchairs, tables, bookcases, sideboards, beds, wardrobes, chests of drawers, etc.), bathroom and kitchen furniture, household appliances, lighting, rugs, decorative objects, textile products, etc. The geographical distribution of turnover is as follows: France (52.3%), Northern and Eastern Europe (33.6%) and Southern Europe (14.1%).
More information about the company
Purchase
Average recommendation
BUY
Last Closing Course
13.6
EUR
Average course objective
17.5
EUR
Gap / Average Objective
+28.68%
Consensus
Varia. Jan 1 | Capi. | |
---|---|---|
+0.80% | 139M | |
+12.79% | 15.68 billion | |
-15.88% | 4.49 billion | |
-11.47% | 2.41 billion | |
+18.73% | 1.97 billion | |
+12.06% | 1.01 billion | |
+31.77% | 875M | |
+14.20% | 728M | |
+0.89% | 593M | |
-11.27% | 510M |
Residential Furniture Retailers – Others