M&A Deal Summary

THG Acquires Beauty Trend

On August 14, 2017, THG acquired internet software and services company Beauty Trend from Rocket Internet

Acquisition Highlights
  • This is THG’s 4th transaction in the Internet Software and Services sector.
  • This is THG’s 1st transaction in Germany.

M&A Deal Summary

Date 2017-08-14
Target Beauty Trend
Sector Internet Software and Services
Buyer(s) THG
Sellers(s) Rocket Internet
Deal Type Divestiture

Target

Beauty Trend

Berlin, Germany
Beauty Trend GmbH (GLOSSYBOX) is a Europe’s number one provider of beauty box subscription services. Operating in ten core markets, with offices in the UK, Germany, France, Sweden and the USA – its model is such that customers subscribe to a box of beauty products on either a rolling monthly or fixed term basis. With its strong brand, GLOSSYBOX has created an independent platform connecting beauty enthusiasts, brands and influencers. Today, GLOSSYBOX is the market leader in Europe and has subscribers in Germany, Austria, Switzerland, France, the UK, Ireland, Sweden, Norway, the USA and Canada and holds relationships to over 500 international beauty brands.

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Buyer(S) 1

Buyer

THG

Altrincham, United Kingdom

Category Company
Founded 2004
Sector E-Commerce
Employees6,797
Revenue 1.8B GBP (2024)
DESCRIPTION

THG is an online beauty and wellbeing businesses that operates 166 websites, retailing to customers in 160 countries. THG was founded in 2004 and is based in Altrincham, United Kingdom.


DEAL STATS #
Overall 10 of 13
Sector: Internet Software and Services M&A 4 of 5
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-14 GLOSSYBOX

Cheshire, United Kingdom

GLOSSYBOX is a provider of beauty box subscription services. Since 2011, GLOSSYBOX has developed from a marketing distribution tool for beauty brands towards a holistic beauty advisor. With its strong brand, GLOSSYBOX has created an independent platform connecting beauty enthusiasts, brands and influencers. Today, GLOSSYBOX is the market leader in Europe and has subscribers in Germany, Austria, Switzerland, France, the UK, Ireland, Sweden, Norway, the USA and Canada and holds relationships to over 500 international beauty brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-18 Language Connect

London, United Kingdom

Language Connect is a language translation and localisation services company. Language Connect has grown rapidly to become a leading international language services provider. The business has a diverse blue-chip customer base of over 900 organisations globally, including Thomson Reuters, Twenty First Century Fox and Norton Rose Fulbright, as well as several of the world’s largest market research organisations. It also has an international footprint, with offices in London, New York, Singapore, Dubai, Munich and Melbourne.

Buy -

Seller(S) 1

SELLER

Rocket Internet

Berlin, Germany

Category Company
Founded 2007
Sector Internet Software and Services
Employees404
Revenue 118M EUR (2021)
DESCRIPTION

Rocket Internet is an entity which identifies and builds proven internet business models and transfers them to new, underserved or untapped markets, mainly outside the United States and China. Rocket Internet was founded in 2007 and is based in Berlin, Germany.


DEAL STATS #
Overall 3 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Divestiture M&A Deals 3 of 4
Country: Germany M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 Rocket Internet & Food Panda - Four Businesses

Brazil

Rocket Internet & Food Panda - Four Businesses are online takeaway food businesses trading in Spain (La Nevera Roja), Italy (PizzaBo/hellofood Italy), Brazil (hellofood Brazil) and Mexico (hellofood Mexico).

Sell €125M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-08 daraz.pk

Karachi, Pakistan

daraz.pk is an online platform that sells apparels, bags, home appliances and beauty care products. daraz.pk was established in 2012 and is based in Karachi, Pakistan.

Sell -