Afterpay has announced plans to buy Pagantis, its European rival. The Australian company is set to pay 50 million euros for the buy-now-pay-later company. The acquisition is part of Afterpay’s global expansion plans.
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.
Consignor Group, a Nordic delivery management software company, has been acquired by Francisco Partners. The private equity firm pays 1.5 billion Norwegian kroner (almost 140 million euros) for the deal. Founder Peter Thomsen will continue as CEO and a 30 percent shareholder in Consignor Group.
eBay’s classified ad business will be sold to Adevinta for 9.2 billion dollars in cash and stock. eBay will receive 2.5 billion in cash and approximately 540 million shares. This gives eBay control of 44 percent of the company and 33 percent of the voting rights.
Schwarz Gruppe, a major retail group that owns Lidl and Kaufland, has acquired Real.de from SCP Group. Real.de is one of the largest online marketplaces in Germany.
Just Eat Takeaway, the Dutch-British meal delivery company, has acquired Grubhub, a food delivery service from the US. It’s an extra interesting acquisition from Just Eat Takeaway: competitor Uber Eats had also been trying to acquire Grubhub.
Online fashion retailer Boohoo has acquired PrettyLittleThing. The company already owned 66 percent of PrettyLittleThing’s shares, but now Boohoo also owns the remaining 34 percent of shares. These shares come from Umar Kamani, the son of Boohoo co-founder Mahmud Kamani, and business partner Paul Papworth.
Goodiebox, a beauty subscription box from Denmark, has acquired Bette Box, a Finish startup that also sells beauty on subscription. For Goodiebox, the acquisition means its first out-of-company investment.
Google has acquired Pointy, a startup that helps physical retailers with showcasing their products online. Pointy has been a partner of Google for years, for the search engine’s “See what’s in store” section that is shown on business profiles on Google search.
Takeaway has finally acquired Just Eat. For months, the Dutch company had been trying to take over its competitor. But Naspers was also trying to acquire Just Eat. Now, the stakeholders have accepted the offer from Takeaway.
Payoneer has acquired Optile, a German payment platform that gives businesses access to any payment method and provider. With the acquisition, Payoneer wants to further build a platform that drives global growth for enterprises, marketplaces and small and medium-sized business worldwide.
Galeria Karstadt Kaufhof has acquired multichannel retailer Sportscheck from the Otto Group. The Otto Group decided to sell its daughter company, because it thinks this gives Sportscheck the best possible chance of long-term business viability.
French supermarket retailer Carrefour is ready to sell its online shop Rue du Commerce. Only three years ago, Carrefour acquired consumer electronics retailer Rue de Commerce, but now it wants to focus more on food instead of electronics.
Supermercato24, an Italian same-day delivery service for online grocery, has announced the acquisition of Szopi, an on-demand grocery delivery service from Poland.
H&M continues to invest in Sellpy, an online platform for second-hand fashion. The Swedish fashion retail group started investing in Sellpy four years ago and has since then joined all investment rounds. Now, H&M has become a majority owner, with an approximate 70 percent stake in the re-commerce platform.
Ecommerce Europe and EMOTA, the two biggest European ecommerce associations, will join forces. The merger will become fully effective as of 1 January next year, with the two associations continuing under the name ‘Ecommerce Europe’.