PARIS — Birchbox France has been acquired by its cofounders, Quentin Reygrobellet and Martin Balas, and Otium Capital from Birchbox U.S.
Terms of the deal, made to accelerate the beauty subscription box business, were not disclosed.
Birchbox has been present in France since 2011. The following year, JolieBox, a domestic subscription beauty box business, was merged with Birchbox in the country.
Birchbox France will now run as an independent company from Birchbox U.S.
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