Squirrel Media SA (ES:SQRL) has released an update.
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Squirrel Media S.A. has acquired a 10.5% stake in GoTrendier, a leading second-hand fashion platform, through a €4.4 million capital increase, becoming its reference shareholder and a board member. This investment will fund GoTrendier’s expansion in the LATAM market, particularly Mexico and Colombia, with advertising campaigns managed by Squirrel Media. The acquisition aligns with Squirrel Media’s strategic objectives, enhancing its MediaTech sector leadership and expanding its investment portfolio, while supporting sustainable fashion and the circular economy.
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