Albelli acquires monAlbumPhoto from M6 Group

According to a press release, monAlbumPhoto is a leading e-commerce player in France in the printing and processing of photo books and personalised photo products. More than 1.3 million photo products were produced in 2017, generating sales in excess of Euro 30 million. M6 Group acquired monAlbumPhoto in 2010; company sales have increased 10-fold since then.

One year ago, albelli was acquired by Gilde Buy Out Partners and Management from Cimpress. The company set out on a journey towards accelerated international growth. A first step was the acquisition of ReSnap, a fast-growing technology-based company using artificial intelligence (AI) to enable consumers to create personalized photo books in a fully automated easy way.

The acquisition of monAlbumPhoto combines the European reach, marketing, technology and manufacturing expertise of albelli with the unique local market strength of monAlbumPhoto. As the new owner, albelli supports the strategy that was formulated and implemented by the current management team, which is focused on further expanding its leading position in the French photo products market with a superior quality, functionality and service offering.

“The acquisition of monAlbumPhoto by albelli is an important step in realizing our international growth strategy. This will allow us to prioritize delivering even greater value to our customers in the French market, while continuing to grow as a leading B2C online European photo products company,” said Tristan Money, CEO of albelli. “The monAlbumPhoto management team has built a very strong online B2C platform with significant further growth potential and we are delighted at the prospect of supporting them in the execution of the company’s strategy.” We are very excited about the next chapter for monAlbumPhoto, albelli, our team members and our customers.”