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Alyrick BV acquires 100% in Smartphoto Group NV Acquisitions News 

Alyrick BV acquires 100% in Smartphoto Group NV

GaryPageau ,
Alyrick BV has completed its previously announced 100% acquisition of Smartphoto Group NV, resulting in the delisting of the personalized products and gifting company from the Euronext Brussels exchange. After the initial bid was reopened after the first round did not meet the minimum percentage, the mandatory reopening garnered Alyrick and its related partners (Alychlo NV, Cecan NV and Smartphoto) a total... Read More
Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid Earnings reports 

Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid

GaryPageau ,
Belgium-based e-commerce leader Smartphoto group reported an increase in revenue to 80.5 million euro in 2024 thanks to a strong second half and an even stronger last quarter. This growth of 4.0% (or 3.1 million euro) was achieved in a challenging economic environment, with continued pressure on consumer spending and market uncertainties. The company also revealed that Alyrick announced the... Read More