Acquisition

Online furniture retailer from the UK, Made.com, has announced an acquisition of Trouva. This lifestyle marketplace sells products from over 700 independent boutiques and brands. Through the acquisition, Made.com wants to grow its marketplace business.

Royal Design Group, the Swedish interior design company, has acquired Danish design retailer AndLight. With the takeover, Royal Design enters the lighting segment. AndLight currently operates in no less than 17 markets across Europe.

British startup Olsam, an ecommerce aggregator, has acquired US-based competitor MarketFleet. It's the second time that the company acquires another aggregator, after its acquisition of Flywheel Commerce in November last year. The company hopes to consolidate the market with this move.

123inkt, a Dutch e-tailer of print cartridges and office supplies, is for sale. The company is said to be worth at least 500 million euros. Since its last annual numbers, the company has grown significantly, sources say.

French ecommerce automation platform Lengow has acquired Netrivals, a software provider for price comparison. The companies have not released any financial details about the deal. As a result of the acquisition, Lengow will expand into Spain.

Leading ecommerce platform Shopify has acquired Dovetale, an influencer marketing startup from New York. It is part of Shopify's move into the influencer market. Creator marketing is on the rise in Europe, one of the software platform's biggest growth markets.

Dutch online auction company TBAuctions is acquiring the Bjarøy Group and Swedish auction platform PS Auction. The acquisitions accelerate the company's plan to build a pan-European platform for second hand goods.

Dutch data feed management solution provider DataFeedWatch has been acquired by Cart.com, an ecommerce company based in the US. Customers using the data feed management tools will now gain access to Cart.com's software solutions and ecommerce resources.

The French Galeries Lafayette group is about to fully acquire ecommerce platform La Redoute. The retailer group already had more than 50 percent of shared in the platform since 2017. In the summer, this stake will rise to 100 percent.

Bol.com, the largest online store in the Netherlands and Belgium, is to acquire Dutch bicycle courier company Cycloon. With the takeover the online store wants to deliver more sustainably. Moreover, Bol.com will deliver its own parcels for the first time.

Dutch payment service provider Buckaroo has been acquired by Keensight Capital for more than 150 million euros. The acquisition will be finalized in the second quarter of 2022. This is the third time that Buckaroo is sold.

Open-source ecommerce solution has been acquired by MBE (Mail Boxes Etc.) Worldwide, an Italian platform providing shipping and fulfillment. Through the acquisition, MBE will strengthen its position in Europe and Latin America, where most of Prestashop's customers are located.

Dutch online auction company TBAuctions will be acquired by Castik Capital. Due to the acquisition, TBAuctions can accelerate its European expansion. The closing of the acquisition is expected at the end of this year.

Logistics company Whistl has acquired Relish, a product sampling specialist. For now, Relish will remain as a standalone brand. Thanks to the acquisition, Whistl can expand its range of channels available to customers.

Norwegian provider of accounting software Visma is acquiring Myonlinestore. For the time being, Visma indicates that Myonlinestore will continue its business activities as an independent organization. The link between online store software, accounting software and inventory management will increase the organization's profits. Myonlinestore will soon integrate its software with other Visma companies.