Milestone-backed Paul Dehaen completed the acquisition of Max Plus.

Milestone-backed Paul Dehaen, a company specialised in the distribution, completed the acquisition of Max Plus, a low-end retailer. Financial terms were not disclosed. “Bringing together those two key actors will lead to the creation of the only European company able to offer tailored solutions to smartly deal with over-stocks of manufacturers’ branded products. We will offer diversified sales channels through our own network of NET Belgian stores, our own network of MAX PLUS French stores, our own e-commerce platform in Belgium and France, and across Europe, Africa and the Middle-East via our network of preferred distributors and small stores. Our partners will be able to choose the best approach according to their own strategy in full transparency and trust,” Jean-Philippe Habran, Max Plus CEO.