British e-commerce company 'The Hut Group' acquired UK2

(May 30, 2017) UK2 acquired by British e-commerce company 'The Hut Group' from private equity firm LDC. It would be a core part of THG’s technology proposition within the THG Platform Division. With this strategic acquisition, THG would further develop its e-commerce technology platform behind its health and beauty product range by improving its underlying cloud and security infrastructure. UK2 will provide high-performance infrastructure at an international scale and would speed up the ability of THG technology platform to generate exceptional fast online experiences.
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