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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.

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

Etsy buys French online marketplace A Little Market

Etsy, the website where you can buy and sell handmade or vintage products, has made its biggest acquisition, by buying the Paris-based website A Little Market, an online marketplace where also handmade goods can be bought and sold. Etsy is more and more expanding internationally and its strategy is to go deeper into local markets. Continue reading

Fab buys Finnish furniture store One Nordic

Design-focused online retailer Fab has acquired One Nordic Furniture Company, which is – if you may have guessed – a furniture company that’s active in the Nordic countries. Hopefully the acquisition can help Fab, as the ecommerce company has had some trouble finding its definite footing. Continue reading

Takeaway.com receives €74mln in funding

Takeaway.com has received 74 million euros worth of funding from investment companies Macquarie Capital and Prime Ventures. It’s not the first time the Dutch company, specialized in online food ordering and home delivery, got funding as it received an investment of 13 million euros from Prime Ventures back in 2012. Continue reading

Backcountry buys German outdoor equipment store

Backcountry has acquired Bergfreunde.de, an European ecommerce site that sells all kinds of outdoor equipment and serves customers in Germany, Austria and Switzerland. The purchase marks the entry of American-based Backcountry into the European market. The company wants to build the first globally scaled outdoor ecommerce business. Continue reading

Swedish printing group acquires German Myphotobook

Elanders has acquired Myphotobook, a German company that sells personalised photo products for consumers. With the acquisition the Swedish company is now one of the leading players in Europe. Elanders bought Myphotobook for 10.5 million euros from investment holding company Holtzbrinck Digital. Continue reading

Foodpanda expands to Czech Republic

Food delivery service Foodpanda has launched in the Czech Republic. At almost the same time the Rocket Internet company acquired a competitor in Brazil to strengthen its presence in Latin America, where it’s operating under the name Hellofood. Continue reading