Recommerce Group, one of the most important players in the refurbished smartphone sector in Europe, operating in 24 countries, is acquiring fenix.eco, a Romanian start-up founded 14 months ago. The transaction will be legally concluded in July.
Through this acquisition, Recommerce is enhancing its positions on the local market and is expanding in Eastern Europe.
Discussions between fenix.eco and Recommerce started at the end of 2020.
Recommerce Group was established in France in 2009. Fenix.eco was launched in April 2020 by Gregoire Vigroux, Adrien Arnoux and Hector Destailleur.