Floranow acquires Saudi Arabia's Bloomax
Floranow acquires Saudi Arabia's Bloomax
Floranow, Mena’s leading online floral marketplace, announces its acquisition of Bloomax, the largest wholesale distributor of fresh-cut flowers in KSA, which is the GCC’s largest individual market.
Floranow is acquiring 100 percent of Bloomax, with the transaction funded by a combination of debt and equity.