Klarna has acquired Shop.co, a small German startup that wants to simplify online shopping by offering a universal shopping cart. There’s little known about the deal, but according to Klarna it’s mostly about the acquisition of intellectual property and taking over a mere Shop.co employees.
Here you’ll find all the ecommerce news articles we’ve written about acquisitions. This news may come in handy when you want to see what kind of acquisitions were made the last couple of months or even years.
PayPal has signed an agreement to acquire iZettle, a Swedish fintech company that’s aimed at small businesses. PayPal will pay 2.2 billion euros for iZettle, which makes it the biggest acquisition of PayPal ever.
UK supermarket chains Sainsbury’s and Asda have agreed to merge. The competition regulators still have to agree to the acquisition, but if it gets the green light, the merged identity will become the biggest grocer in the United Kingdom.
Swiss retail company Coop will be the total owner of online marketplace Siroop with effect from the first of May. On that day, the major retail and wholesale company will acquire the 50 percent share package of Swisscom. Coop and Swisscom jointly launched Siroop in 2016.
Takeaway.com, the Dutch company that’s gaining more and more market share in Europe, has acquired two food delivery marketplaces in Eastern Europe. Takeaway.com is now the owner of BGmenu from Bulgaria and Oliviera from Romania.
Monoprix, subsidiary of Casino Group, is busy acquiring Sarenza, a popular online shoe retailer from France. With the expected acquisition, Monoprix wants to further present itself as an omnichannel lifestyle leader. The ecommerce know-how of Sarenza should help Monoprix with its digitalization strategy.
Dutch food delivery service company Takeaway.com considers merging with Delivery Hero. Founder Jitse Groen thinks a shakeout is the next logical step, as a consolidation of the market is on its way. “In every major country in the world there can be only one player.”
Amazon is actively looking for partnerships and acquisitions in Europe. The American ecommerce giant has approached FMCG retailers, such as leading UK supermarket chain Morrisons and major French retail chain Monoprix.
Dutch department store Hema has strengthened its international ambitions by purchasing the international domain Hema.com. The international desire seems part of a plan to make Hema more interesting for potential buyers.
Shop Apotheke Europe has acquired mail-order pharmacy Europa Apotheek. Through this acquisition, Shop Apotheke wants to strengthen its European market leadership. The combination of prescription-free and prescription drugs is expected to create the largest and fastest-growing integrated online pharmacy of Europe.