Beauty tech firm The Hut Group has acquired Language Connect, a language translation and localization services company.
WHO: Language Connect was founded in 2003 by Ben and Iwona Taylor, and said its blue-chip customer base includes more than 900 organizations globally, including Thomson Reuters and Twenty-First Century Fox as well as several of the world’s largest market research organizations. It has an international footprint, with offices in London, New York, Singapore, Dubai, Munich, and Melbourne.
The Hut Group (THG) is one of the world’s largest online beauty and well-being businesses. Other holdings include Eyeko, Illamasqua, ESPA, Skinstore, RY, Glossybox and Lookfantastic.com. THG retails more than 8,000 brands and operates more than 160 localized websites across 35 languages and 42 currencies. The group said its platform receives more than 500 million visits annually.
WHY: The Language Connect transaction will help THG to deliver a step change in its translation capabilities across its 160 websites in 35 languages, which will support its continued international growth
IN THEIR OWN WORDS: Matthew Moulding, Founder and chief executive officer, said to the Manchester Evening News “I’m delighted to welcome the Language Connect team to THG. In Language Connect, we have made a significant investment which supports our international growth plans; making translation more efficient for our customers around the globe. It also marks another step in the growth of our proprietary technology platform, THG Ingenuity, following the acquisitions of UK2 and Hangar Seven last year. We expect to make additional investments this year to grow the platform further.”
Ben Taylor, co-founder of Language Connect, said, “I am thrilled that Language Connect is becoming part of THG and integrated into its Ingenuity platform. I have closely followed the growth of THG as one of the UK’s leading technology companies and particularly its impressive expansion into international territories. I am confident in the group’s ability to accelerate the business forward and create exceptional opportunities for our people in this exciting new chapter.”
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