Furet

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Furet - overview

Established

1936

Location

Lille, -, France

Primary Industry

Retail

About

Furet du Nord is an established bookstore chain specializing in the sale of books, e-books, and cultural products, catering to a wide audience through its physical locations and online platform. Founded in 1936 in Lille, France, Furet du Nord operates as a prominent bookstore chain. The company has engaged in two significant deals, with the most recent occurring in September 2008 when Nord Capital Partenaires acquired Le Furet. The headquarters is situated in Lille, which serves as a central hub for its operations.


Furet du Nord primarily operates as an online and physical bookstore, providing a wide array of products that include books, e-books, and various cultural items. The company's core offerings encompass over two million titles across genres such as literature, science fiction, mystery, and children's literature. Furet du Nord emphasizes accessibility to culture by partnering with organizations like France Bleu Nord and Secours Populaire, facilitating initiatives aimed at supporting families during festive seasons. The geographical markets served by Furet du Nord are primarily within France, with the company having a strong presence in 19 physical locations across the country, while also servicing online customers nationwide through its website, Furet.


com. Furet du Nord generates its revenue through direct sales of books, e-books, and related products, both online and in-store. The company operates a straightforward transaction structure, primarily engaging in direct-to-consumer sales. Customers can purchase products using various payment methods such as credit cards, PayPal, and cash for in-store pickups.


The pricing strategy for individual titles varies depending on the offering, with particular emphasis on promotions for e-books and bestsellers, making literature accessible at competitive prices. This business model allows Furet du Nord to maintain a robust revenue stream while attracting a broad customer base seeking both popular and niche literary works. Furet du Nord's future growth strategy includes the continuous enhancement of its product offerings, focusing on expanding its selection of e-books and launching new cultural items. Plans are in place to increase its presence within France and potentially explore opportunities in neighboring European markets by 2025.


Recent funding, particularly from the acquisition deal in September 2008, will likely be utilized to support these initiatives and bolster its operational capabilities.


Current Investors

Vauban Partenaires, Nord Capital Partenaires

Primary Industry

Retail

Sub Industries

Bookstores

Website

www.furet.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Furet - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedFuret-
BuyoutCompletedFuret-

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Furet - employee data

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