Mytheresa Acquires YOOX NET‑A‑PORTER (YNAP) from Richemont
April 24, 2025
Mytheresa (through MYT Netherlands Parent B.V.) has completed the acquisition of YOOX NET‑A‑PORTER (YNAP) from Richemont. The combined group will be consolidated under MYT Netherlands Parent B.V., renamed LuxExperience B.V. (trade name LuxExperience, ticker LUXE), and Richemont received 49,741,342 Mytheresa shares (≈33% post-issuance) in exchange for YNAP and its net cash position.
- Buyers
- MYT Netherlands Parent B.V. (Mytheresa)
- Targets
- YOOX NET-A-PORTER (YNAP)
- Sellers
- Richemont, Richemont Italia Holding S.P.A.
- Industry
- E-Commerce
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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