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Files under: News
Posted by: Quintura @ 01:20 [23. 01. 09]
The Otto Group, the world’s largest mail order business group and second largest in B2C e-commerce, has acquired 90 percent in Na Dom (На Дом), a leading Russian mail order household and self-care business with three business-units “Home”, “Health & Beauty”, and ““, with annual turnover of EUR 94 million, as well as in the Promopost logistic business in Tver region of Russia from .
In 2006, Otto Group set up a 70 – 30 joint venture with Direct Group in mail order fashion retail.
Founded in 1996, Direct Group is a leader in market expansion services in Russia. It owns a majority stake in leading Russian women-centric site WomanJournal.ru, which raised EUR 6 million from French VC investors last summer.
Tags: NaDom Direct Group, Otto Group Direct Group, Otto Group Na Dom, Otto NaDom, На Дом
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