The 3SI Group sells 3 Pagen to the Damartex Group

30.09.2016 | Villeneuve d'Ascq

Following an open sale process, the 3SI Group today signed an agreement to sell 3 Pagen to the Damartex Group, one of Europe’s leading clothing and accessories retailers for seniors.

Based in Germany, in Alsdorf near Aix-la-Chapelle, 3 Pagen is a major distance-selling retailer in the well-being and house and home sectors. 3 Pagen products are sold in Germany (which accounts for around 70% of its turnover) and in Austria under the “3 Pagen” name, as well as in France with “Vitrine Magique” and in Eastern Europe (the Czech Republic and Slovakia) with “Magnet 3 Pagen”.

The sale comes into effect on 1 October 2016, with all 3 Pagen personnel retaining employment under the Damartex Group.

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About 3SI Group

The 3SI Group is one of the largest distance selling companies in France and Europe. The business activities of the group with headquarters in Croix in Norhern France include multi-channel retail and services to third-party business customers in 16 countries. 

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