Boozt to acquire a 66.7% stake in Rosemunde for $27m.

Boozt, a Nordic technology company selling fashion, apparel, and beauty online, agreed to acquire a 66.7% stake in Rosemunde, a brand retailing online, for $27m. “By becoming a part of Boozt, we are improving our possibilities for accelerated growth. In addition to continuing to operate through our existing channels, we look forward to further utilising Boozt’s universe in the Nordics and rest of Europe. Along with the entire Rosemunde team, I look forward to continuing and expanding our journey of profitable growth together with the Boozt organisation as well as our other long-term partners," Brian Kristoffersen, Rosemunde CEO.