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.
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.
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.
Otto Group, one of Europe’s biggest online retailers, wants to fully acquire the ecommerce assets of Groupe 3SI, a huge online retail company in France. Otto already owns a 51% stake in the company since 1981, but now wants the whole ecommerce deal.
SAP plans to acquire Hybris, a company that sells enterprise multichannel ecommerce software. With the announced acquisition SAP wants to deliver a better e-commerce platform, focused more on multichannel ecommerce.
French ecommerce company MenInvest has acquired the London-based online retailer Oki-ini for an undisclosed amount. Two of Oki-Ni’s co-founders will join the company’s board as shareholders and will advisor the Group. The acquisition is all part of MenInvest’s plan to reach €100 million in revenue by 2016.
Foot Locker is only a few steps away from buying the Germany-based store and online retailer Runners Point. The American retailer of sportswear and footwear has paid 94 million dollars (€72 mln) for the company but the deal still has to get a green light from the German authorities.