Announced
Completed
Synopsis
Made.com, an online designer and retailer homewares and furniture, completed the acquisition of Trouva, a sales platform for independent boutiques and brands. Financial terms were not disclosed. “This acquisition brings with it an experienced and talented team, a sector-leading technology platform and excellently procured choices of homewares product that will resonate with the Made target customer. Trouva’s assortment complements Made’s design-led homeware and home proposition superbly and is a great strategic fit for Made as we continue to enhance our marketplace offer. This acquisition will allow us to significantly accelerate our growth strategy by expanding our curated product range – giving our customers more choice and newness – and scaling the business in key territories both established and targeted by leveraging Trouva’s exceptional cross-border technology,” Nicola Thompson, Made CEO.
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