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Vente-privee buys Benelux flash Sales site to fuel growth

Vente-privee has bought a majority stake in rival flash Sales site Vente-exclusive.com.

Vente-exclusive.com was founded in 2006 by Belgian entrepreneurs Léon Seynave and Stefan Tournoy and is managed by Peter Grypdonck.

Its management team will now be merged into Vente-privee’s, but Vente-exclusive will be run as a separate business.

Jacques-Antoine Granjon, chief executive and founder of French flash Sales site Vente-privee, said the acquisition would bring together “the savoir faire and expertise of Vente-Privee” and the “influence of Vente-exclusive, a profitable company and a market leader”.

He continued: “This new phase marks our active expansion in Europe.”

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