E-commerce companies to share new space in Old Saybrook

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OLD SAYBROOK >> A pair of local electronic commerce companies that are jointly owned by a privately-held holding company from New York City have moved into a 25,000-square-foot space at 143 Mill Rock Road East.

FromYouFlowers.com, a nationwide same-day flower delivery company, and EvesAddiction.com, a jewelry retailer, recently relocated their 240 combined employees to a larger office, according to executives of the two compaies. From You Flowers had been located at 455 Boston Post Road.

From You Flowers acquired Eve’s Addiction in September 2013. This the first time that the two companies have been together in the same building.

The flower delivery company operates as a subsidiary of Tenth Avenue Commerce, an affiliate of the private diversified holding company Tenth Avenue Holdings.

“It was very important for us to be able to stay in the Old Saybrook community as we continue to build our business,” Mike Chapin, chief executive officer of From You Flowers and Tenth Avenue Commerce, said in a statement. “This new facility opens up entirely new opportunities for us to expand our employee base and gain operational efficiencies across all our businesses.”

Chapin expects to hire an additional 50 workers over the next two years to support the combined company’s growth. During times when floral deliveries are in high demand, such as Mother’s Day, the total workforce can reach up to 400 people, he said.

Ray Galeotti, Eve’s Addiction founder and chief executive officer, said the joint move into the larger location will allow the companies to do combined product offerings.

FromYouFlowers.com was founded in 2002 and was acquired by Tenth Avenue Commerce in 2011. EvesAddiction.com was founded in 2004.

Tenth Avenue Holdings invests in a variety public and private companies in a broad range of industries as well as in real estate.

Call Luther Turmelle at 203-789-5706.