Modern Commerce takes over owner of Moliera2.com for PLN 100 mln

NewConnect-listed group of e-commerce stores related to luxury goods, Modern Commerce, will take over 100 percent of the shares of IT Fashion Polska Group & Partners, the owner of the Moliera2.com brand, for PLN 100 million. At the same time, the remaining shares of the Mamissima Group company with exclusive products for children will be acquired. This will end this stage of building one of the leaders in the online luxury goods trade.

IT Fashion Polska Group & Partners is the sole owner of…