Home beauty devices retailer sells majority stake in £50m deal
CurrentBody, the Manchester online retailer of home beauty devices, has sold a £50m majority stake in the business to investors eComplete.
CurrentBody specialises in home use beauty devices for various treatments including anti-ageing, slimming, hair removal or regrowth to facial cleansing.
Launched in the UK in 2009 by co-founders, Laurence Newman and Andrew Showman, the business has grown rapidly and now has 17 international websites with over 14million users.
For the current calendar year sales look set to reach £42.5m, ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
