Carousell Group Acquires LuxLexicon
April 2, 2024
Carousell Group has acquired LuxLexicon, a Singapore-based luxury bag reseller and authenticated luxury consignment platform, to strengthen its presence in the high-end luxury segment. LuxLexicon will continue operating under its brand with its team and retail space while leveraging Carousell’s online re-commerce capabilities and regional reach to expand offerings and pursue overseas growth.
- Buyers
- Carousell Group
- Targets
- LuxLexicon
- Industry
- Retail
- Location
- Singapore
- Transaction Type
- Buyout
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