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Vente-Privee announces the acquisition of the Spanish Privalia

The online fashion outlet Privalia, founded in 2006 in Barcelona by Lucas Carné and José Manuel Villanueva, has been acquired by Vente-Privee, his French rival who in 2001 invented the flash sales online. Neither of the two companies has given the amount of the transaction, various sources confirm that the purchase has been closed for about 500 million euros.


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