e-trader Announces Buyout of Koodos as Miriam Lahage Passes the Helm to Miranda Grubb

The e-trader group, announced its acquisition of the award-winning discount site, Koodos. One of the UK’s leading fashion e-tailers, the site offers consumer discounts of up to 80%. The deal, involving a part cash, part share consideration for an undisclosed sum, represents the next step in the company’s strategy to become the UK’s leading e-commerce business focused on the fast growing clearance and overstock market.

Miriam Lahage, original CEO, will remain with the company for the interim to ensure a smooth transition as she passes over to Miranda Grubb, Managing Director of whatafind.com and new CEO of Koodos