In 2014, Sistema acquired 10.8% of OZON's shares offered by private subscription for $75 mln (MTS invested in OZON on similar terms - $75 mln for 10.8%). Please refer here for the details on Transaction
OZON Group is Russia's leading e-commerce platform with a strong brand and own logistics service:
- 15% of all online purchases in Russia; 20% of Russian online buyers
- 21mln unique visitors per month
- A developed logistics network with an own delivery service
In 2014, Sistema acquired 40% of shares of the holding company that owns the assets of Concept Group, a leader of the Russian fashion retail market in terms of revenue growth. The sum of the transaction was RUB 1 bln. The signed documents provide Sistema with an option to increase its shareholding in Concept Club to a controlling stake within 3 years.
Concept Club creates collections and sells women's clothes, accessories, lingerie and children's clothes via a chain of its own stores, franchisees, online platforms, and wholesale under the brands of Concept Club, Bestia, Infinity Lingerie and Acoola. As at the end of 2013, Concept Club's retail chain comprised 287 stores in 103 towns and cities of Russia. Average store space - 100-250 m2. In 2013, Concept Club's revenue exceeded RUB 5 bln, which was nearly 40% higher than in 2012.