.
MergerLinks Header Logo

New Deal


Announced

BDHOME and Dassault Systemes to form a joint venture.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

furnitures

household decor

3d printing

3dexperience

E-commerce

China

Private

Pending

Friendly

Single Bidder

Majority

Joint Venture

Cross Border

Synopsis

Edit

BDHOME, an innovative and affordable home decor retailer, and Dassault Systemes, a software company, agreed to form a joint venture to distribute Dassault Systèmes’ 3DVIA brand of applications for smart, 3D space planning solutions in mainland China, Hong Kong, Macau, and Taiwan. Financial terms were not disclosed. “With increasing demands for personal consumption from Chinese consumers, ‘customer experience’ has become a priority for each furniture manufacturer and retailer in terms of product production and sales. Dassault Systèmes’ 3DVIA provides 3D virtual space, numerous decoration catalogues and fashion-tracking styles so that Chinese consumers can use their imaginations to build a home that belongs to them, and enjoy the amazing experience of decorating it,” Chen Zaochun, BDHOME President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US