The numbers and the facts are there! Kumulus Vape, the French specialist in electronic cigarettes on the web is in very good financial health. Today, the company aims high and feels ready for a real conquest of the European market.
» COME, SEE, WIN «, EUROPE OPENS TO KUMULUS VAPE
Created in 2012 by a real character in the closed circle of the vape, Kumulus Vape is in 26th place of the Top 500 Les Echos 2021 Growth Champions (2nd in retail), but also in 231st place in the latest European ranking of " Financial Times "(FT 1000).
"Veni, vidi, vici" , the French giant Kumulus Vape is now targeting the European market.
The manager prepares the transfer of the company to Euronext Growth. He wants to finalize " one or two acquisitions in the year », Its first growth operations. It targets in particular French manufacturers of consumables for electronic cigarettes. Kumulus Vape has already started to market its own brands of e-liquids (Religion Juice, Mexica, Demon, Mythik…).
« There is a strong potential for internalization with the prospect of larger margins He says.
The company without a store generates 20% of turnover with individuals in e-commerce and 80% in BtB networks. In the long term, "that is to say in 2023 for us, at the rate things are going", Remi Baert intends to have doubled The Little Vapoteur , still far ahead with 66 million euros in turnover in 2019.
Source : The echoes