Aristos

Aristos is a reseller and provider of e-commerce services for official online stores of well-known brands. By April 2021, the company is working with brands such as Philips, Schneider Electric, Grohe, Olympus, Stanley Black & Decker and Roca. Aristos has its own warehouse infrastructure in Moscow and a courier service.

History

2021: Inventive Retail Group bought Aristos

In mid-April 2021, the Inventive Retail Group, part of the Lanit Group of Companies, whose main owner is Philip Gens, announced the purchase of Aristos. Its participants did not disclose the financial component of the transaction. According to the terms of the agreement, the Inventive company belonging to the Inventive Retail Group eCommerce becomes the majority shareholder of the Aristos group (the share is not called).

According to the press service of the Inventive Retail Group, thanks to this acquisition, the group will be able to develop online sales services for international manufacturing companies, as well as strengthen the company's position in the Russian online trading market.

Philippe Gens acquired online retailer Aristos, selling Olympus and Philips products

As a result of the transaction, Inventive eCommerce becomes one of the largest players in the D2C market, representing the widest portfolio of brands in such areas as consumer electronics, household appliances, fashion, FMCG (everyday goods), DIY (needlework, home arrangement), the company said.

The Inventive eCommerce plans, taking into account the purchase of Aristos for the next three years, include:

• ensure growth in the portfolio projects of the combined company;
• continue to expand the brand portfolio and open new categories;
• Strengthen management of brand marketing budgets on marketplaces
• develop its own premium logistics service;
• Improve IT solutions and storage complexes
• Develop interaction with marketplaces and other Internet channels in Russia.^[1]

Notes