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Acquisition

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.

FedEx buys Dutch delivery service TNT for 4.4 billion euro

Yesterday FedEx announced that it wants to buy the Dutch delivery company TNT for $4.8 billion (4.4 billion euro) to strengthen its ground delivery options in Europe. Currently FedEx is already active in 220 countries but in Europe it’s still a relative small company. With TNT it could become one of the major players in the ecommerce logistics industry, at least in the B2B market. Continue reading

Spanish eShop Ventures acquires subscription service Nonabox

Ecommerce company eShop Ventures has added another brand to its portfolio. After acquiring online stores El Armario de la Tele and BoutiqueSecret, eShop Ventures acquired Nonabox, an online subscription service for mums. This Spanish company was not performing really well in terms of financial results and its founders were already trying to find a buyer of the remaining assets. Continue reading

Global Payments acquires Realex Payments

Realex Payments acquired by Global Payments

Payment gateway Realex Payments has been sold to Global Payments. Realex Payments processes over 29 billion in payments for thousands of online and mobile businesses worldwide and will continue to do this as part of Global Payments, a provider of payment technology services. The transaction is valued at 115 million euros. Continue reading

Pixmania acquires daily deals site Oooferton

Pixmania acquires Oooferton

Pixmania has announced the acquisition of Oooferton, a Spanish website that offers three daily deals within the consumer electronics sector. The goal of this acquisition is to strengthen its Spanish activities as well as the expansion in the refurbished goods sector. Continue reading

Komplett acquires German retailer Comtech

Komplett Group

Komplett, a Norwegian ecommerce company active in Scandinavia, has acquired the majority of shares in online retailer Comtech. With the acquisition, Komplett will now – again – be active on the German market. Continue reading

MyOptique acquires Netzoptiker and expands into Germany

MyOptique Group, the UK company behind Glasses Direct and LensOn, has acquired Netzoptiker, a German eyewear retailer. This is part of its expansion into Germany. After having a leading position in the UK as well as in the Scandinavian market, Germany is the next stop for MyOptique Group. Continue reading

Rocket Internet invests in HelloFresh and Delivery Hero

Rocket Internet sees food and groceries as the next frontier of ecommerce, as it invests heavily in two online food retailers. It financed subscription based ecommerce player HelloFresh with 100 million euros, while it acquired a 30% stake in food takeaway service Delivery Hero. And oh, it also acquired two Southern-European food and groceries companies. Continue reading

Chinese retailer Osell acquires Russian logistics company

Osell, the B2B subsidiary of major Chinese cross-border sales platform DinoDirect.com, has acquired TDPRO at the end of last year. TDPRO is a Russian company that provides logistics, warehousing and supply chain management services. With the acquisition, Osell is going to build the first Chinese products experience center in Moscow. Continue reading

Romanian online retailer eMAG expands to Poland

eMAG, the largest online retailer in Romania, sets foot in Poland. Its sales platform will extend into this Eastern European country, after eMAG.ro’s owner Dante International acquired Agito, one of Poland’s biggest online stores. Poland will be the fourth international market where eMAG.ro will be active in, after Romania, Bulgaria and Hungary. Continue reading

Foodpanda acquires several Eastern European food delivery companies

Foodpanda seems to be very hungry! After acquiring businesses in India and Mexico recently, it now takes over three food delivery startups in Central Eastern Europe. The online food ordering marketplace has acquired Donesi.com, Pauza.hr and Netpincer.hr. It’s targeting market leadership across Central Eastern Europe. Continue reading

Otto Group also puts Otto Office up for sale

Things aren’t going well for Otto Group, the German online retail company. After it sold Otto Touristik in June of this year, it’s now looking for a buyer for Otto Office, its office supplies subsidiary. Otto Group has instructed investment bank Rothschild to find a buyer for its reseller. Continue reading

Swiss online electronics retailers STEG and PCP.CH join forces

PCP.CH has acquired STEG Electronics, which is three times as big. As a result of the merger, PCP.COM Gruppe is now, with 160 million euros worth of revenue, the largest independent retailer on the Swiss computers and electronics market. While the two brands will remain, the merger of the two companies will result in a significant increase in efficiency and strengthen its market position, as PCP.CH wrote in a statement. Continue reading

MetaPack acquires US shipping vendor ABOL Software

MetaPack today announced the acquisition of ABOL Software, an American provider of multi-carrier shipping software. With the acquisition MetaPack’s global delivery services offering gets expanded and opens up a new market for customers who want to drive cross-border sales and improve their international delivery experience. Continue reading

Neiman Marcus buys German retailer Mytheresa

Neiman Marcus Group has bought Mytheresa.com, a German luxury apparel and accessories retailer. With this acquisition the American department store is expanding its international reach. With online sales representing 24 percent of total sales, Neiman Marcus already has a large ecommerce business, but its latest addition gives the company exposure to a growing online luxury market outside the USA. Continue reading