Smartphoto acquires Webprint

Smartphoto group celebrates acquisition by sounding gong

The Euronext Brussels listed smartphoto group (ticker symbol: SMAR) acquired the Netherlands-located Webprint at the end of April, resulting in a new group with a strong commercial position in the Netherlands. CEO Stef de Corte, sounds the gong.

With a combined turnover of more than € 46 million, smartphoto group shows its European ambition. Through this acquisition the knowledge of the consumer market, the customer focus and the brand awareness of Webprint is combined with the knowledge of smartphoto in the areas of technology, marketing and production of personalized photo products.

Smartphoto group operates in 14 European countries in E-commerce with affordable high-quality photo products, such as photo books, photo cards, photo calendars, photos on canvas and photo gifts. The shares of Smartphoto group are traded on Euronext Brussels.

For more information: www.smartphotogroup.com

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