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CSP International Expands French Market Presence with V2D Création Acquisition

Story Highlights
  • CSP Paris plans to acquire V2D Création to boost its French market presence.
  • The acquisition aims to increase CSP Paris’s market share to over 11% in the French corsetry sector.
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CSP International Expands French Market Presence with V2D Création Acquisition

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An announcement from CSP International Fashion Group S.p.A. ( (IT:CSP) ) is now available.

CSP International’s French subsidiary, CSP Paris, has signed a letter of intent to acquire V2D Création SAS, a French company specializing in corsetry, to enhance its market presence and product offerings in France. This acquisition is expected to increase CSP Paris’s market share in the French corsetry sector to over 11%, making it the third-largest player in the market, and aims to improve the profitability of the CSP Group through expanded brand offerings and synergies.

More about CSP International Fashion Group S.p.A.

CSP International Fashion Group S.p.A. is a company listed on the Euronext Milan market, known for producing stockings, tights, underwear, swimwear, knitwear, and fashion items under brands such as Oroblù, Lepel, Sanpellegrino, Cagi, Perofil, Luna di Seta, Le Bourget, and Well.

YTD Price Performance: -4.40%

Average Trading Volume: 40,100

Technical Sentiment Signal: Strong Sell

Current Market Cap: €11.84M

Learn more about CSP stock on TipRanks’ Stock Analysis page.

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