M6 Group: exclusive negotiations to sell monAlbumPhoto

(CercleFinance.com) - The M6 group has announced that it had entered into exclusive negotiations with the Dutch group Albelli, with a view to selling 100% of the company MonAlbumPhoto, which it acquired in 2010.


MonAlbumPhoto is an e-commerce player which is specialised in the printing and shaping of photo albums and personalised photo products. Over 1.3 million photographic products were designed and shipped in 2017 from its factory in the Oise, having generated sales in excess of 30 million euros, according to figures communicated by M6 group.

"After eight years within the Group, and against the backdrop of European-wide consolidation in the online photo album market, M6 Group considers that entrusting monAlbumPhoto to albelli, a major European player in the industry, would be the best option to strengthen its
positions and accelerate its development," M6 group said.



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