Kumulus Vape
Group

A leading player in the vaping industry in France since 2012, Kumulus Vape is committed to offering the most reliable and innovative alternative to traditional tobacco. Listed on Euronext Growth, the Group stands out with a high-performing omnichannel model, a rapidly expanding franchise network, and recognized expertise in its field.

Message from the President

At Kumulus Vape Group, we move forward with a strong conviction: offering a credible, high-performance alternative to traditional smoking. Over more than a decade, we have built a robust model combining digital expertise, a rapidly expanding physical network, and a powerful capacity for innovation.

In 2026, we are going on the offensive. Our new e-commerce platform is live, our territorial footprint is growing at pace, and our Labster production laboratory gives us unprecedented sovereignty over our proprietary brands. Every lever is in place to write a new chapter in our story.

In a sector undergoing profound transformation, our ability to anticipate market shifts, innovate, and strengthen our positions will make all the difference. Together, we will continue to build an ever stronger, more agile group, resolutely focused on the future. The Kumulus Vape story is only just beginning.

A GROUP IN FULL GROWTH

Our key figures

2012

Founded

71

Employees

+ 15 M

Products shipped in 2025

57,4 M€

Revenue 2025

4,1 M€
(+15,3% vs 2023)

EBITDA 2023

Silver

ESG Maturity 2025

9th

Top 100 "France's long term growth Champions 2026" – Les Echos

10th

Top 500 "Champions of Growth 2026" – Les Echos, Distributors sector

Offering the safest alternative to traditional tobacco

Who are we?

Founded in 2012, Kumulus Vape is a group specializing in the distribution of electronic cigarettes and vaping consumables. With a strong presence in France, it combines powerful e-commerce expertise with a rapidly expanding physical network under the Cigaverte brand. As a leading B2B player, with over 85% of its business focused on professionals, the company also develops a B2C segment through its online platform, www.kumulusvape.fr.

Our mission? To offer a credible alternative to traditional tobacco by providing consumers with high-quality, safe, and innovative products. Our commitment is driven by strong values: responsibility, innovation, and operational excellence.

Every day, our teams work to strengthen our leadership by optimizing logistics performance, expanding our offering with in-house brands, and growing our franchise network. This momentum led us to our listing on Euronext Growth in 2021—a key milestone supporting our ambition for sustainable growth and transparency with investors. With strong growth and a forward-looking strategy, Kumulus Vape is a key player in the French vaping market.

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Why Invest in Kumulus Vape?

Our missions and values

Promoting a Smoke-Free World

With over 8 million premature deaths each year, including 78,000 in France alone, smoking is the leading cause of mortality worldwide. Cigarette smoke contains more than 70 known carcinogens and generates €1.4 trillion in global healthcare costs annually, including €16 billion in France.



Acting for Our Environment

Despite its severe health consequences, the environmental disaster caused by smoking is often overlooked. Yet, it is responsible for catastrophic pollution: 4.3 trillion cigarette butts are discarded globally each year—136,000 every second. Each butt, containing over 4,000 chemicals, pollutes approximately 500 liters of water.


Our Commitments

At Kumulus Vape, excellence drives everything we do. We rigorously select our products to offer the best vaping catalog on the market. Our responsive and knowledgeable customer service team supports vapers and professionals daily with personalized guidance. Backed by optimized logistics, we ensure fast and reliable deliveries. More than just a commitment, quality is our top priority—for responsible vaping without compromise.

Kumulus Vape is also...

Our Network

Kumulus Vape: Our historic B2C platform, founded in 2012, a leading reference for vapers seeking quality and expertise.

KMLS: A platform dedicated to professionals, offering one of the largest catalogs in France and an ultra-efficient logistics service.

Cigaverte: A national franchise network combining expertise, customer support, and an innovative product catalog.

Ziklop: A committed network in the Lyon metropolitan area, promoting responsible and alternative vaping, driven by a passionate community.

STRATEGIK-LOGO

StrategiK: An integrated communication and marketing agency, specialized in the industry, supporting the growth and visibility of the Group and its partners.