Berlin Brands Group Raises €100 Million for International Expansion
E-commerce Startup Plans to Use Funds to Expand Assortment of Products
Berlin, Germany - December 15, 2023
Berlin Brands Group (BBG), a global e-commerce company, has raised €100 million from private equity group Ardian to fund its international expansion. The company plans to use the funds to expand its assortment of products and its reach in new markets.
BBG has raised €100 million in funding from Ardian. The funds will be used to expand BBG's assortment of products and its reach in new markets. BBG's team creates, builds, buys, and scales brands around the world. The company has over 4800 products in its assortment and distributes them to consumers in over 20 countries.
BBG is a global e-commerce company that was founded in 2005. The company has over 1,000 employees and is headquartered in Berlin, Germany. BBG is one of the pioneers in the direct-to-consumer business. The company has a strong track record of growth and profitability.
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