Verdane to acquire a majority stake in momox.

Private equity firm Verdane agreed to acquire a majority stake in momox, Europe’s largest re-commerce company for books, CDs, DVDs, computer/video games and clothing. Financial terms were not disclosed. “Since Verdane came on board as an investor last autumn, the team has worked with us as an experienced partner in the consumer and fashion sector with a strong focus on e-commerce. We look forward to deepening this partnership even further in the future and jointly strengthening momox in its position as the leading re-commerce company in Europe”, Heiner Kroke, momox CEO.