Education

The Detox Market Acquires E-commerce Retailer Clementine Fields

The Detox Market bought Canadian clean-beauty e-tailer Clementine Fields in August 2020. What the deal covered, which brands overlapped and why it happened.

The Detox Market Acquires E-commerce Retailer Clementine Fields

The Detox Market, a clean-beauty retailer, bought the Canadian online retailer Clementine Fields in August 2020. The price was not disclosed.

Quick facts

DetailInformation
BuyerThe Detox Market (clean-beauty retailer)
AcquiredClementine Fields, a Canadian online retailer
WhenAugust 2020
PriceNot disclosed
Brands carriedAbout 60, roughly 70% already stocked by The Detox Market
FoundersIngrid Doucet and Tom Barnett, who stayed involved in marketing

What the deal covered

Clementine Fields sells natural and clean beauty products online and carries roughly 60 brands, about 70% of which The Detox Market already stocked. Its founders, Ingrid Doucet and Tom Barnett, were to stay involved in marketing, and the website was expected to stay the same in the short term.

Read also: Best Online BCA Colleges in India for Students and Working Professionals: A Complete Guide 

Why The Detox Market bought it

The company said the purchase would help it grow online and strengthen its position in Canada. Clementine Fields is particularly strong in British Columbia and Alberta, which complemented The Detox Market's existing base.

Part of a pattern

This was The Detox Market's second acquisition of a clean-beauty e-tailer, after Freshfaced.ca in 2016. It had also taken over the Toronto retailer Husk in 2015. Coverage differs on the dates (12 August in one database, 18-19 August in press reports) and on where Clementine Fields was based, so check the sources below for details.

Read also: Benefits of Corporate Social Responsibility, Explained Simply

Frequently asked questions

How much did The Detox Market pay for Clementine Fields?

The price was not disclosed.

Read also: Ireland vs Canada: Which Study Destination Offers Better Career Opportunities for Bangalore Students?

Why did The Detox Market buy Clementine Fields?

The company said the purchase would help it grow online and strengthen its position in Canada. Clementine Fields is particularly strong in British Columbia and Alberta.

Was this its first acquisition?

No. It was The Detox Market's second acquisition of a clean-beauty e-tailer, after Freshfaced.ca in 2016, and it had also taken over the Toronto retailer Husk in 2015.

Frequently asked questions (FAQ)

How much did The Detox Market pay for Clementine Fields?
The price was not disclosed.
Why did The Detox Market buy Clementine Fields?
The company said the purchase would help it grow online and strengthen its position in Canada. Clementine Fields is particularly strong in British Columbia and Alberta.
Was this its first acquisition?
No. It was The Detox Market's second acquisition of a clean-beauty e-tailer, after Freshfaced.ca in 2016, and it had also taken over the Toronto retailer Husk in 2015.
— (0)

Comments

SociallyKeeda processes your name and comment for public display under our Privacy Policy (DPDP Act 2023). Guest emails are kept confidential and used solely for moderation.

No comments yet — be the first to share your thoughts.

Related Posts

View All

You May Also Like