City Chic Collective Limited (ASX:CCX) acquired JPC United Gmbh from co-founders for €6 million on July 23, 2021. Under consideration €6 million will be paid in upfront cash. The acquisition will be funded from City Chic's existing cash balance. Employees of JPC United Gmbh will work with founders and senior management through the transition and the go-forwards structure will be assessed as part of the integration with the city chic collective. In the year ended 2020, JPC United Gmbh reported revenues of €10.4 million. David Schiavello of Thomson Geer acted as legal advisor to City Chic Collective Limited. Helen Johnson and Petra Schaffner of CMS acted as legal advisor to City Chic Collective Limited. City Chic Collective Limited (ASX:CCX) completed the acquisition of JPC United Gmbh from co-founders on July 23, 2021. Grant Thornton Gmbh Wirtschaftsprüfungsgesellschaft acted as an accountant for JPC United GmbH.