Verkkokauppa.com acquires e-ville to strengthen own brand offering
Helsinki – CFI is pleased to announce that it acted as exclusive financial advisor to e-ville in its sale to Verkkokaupa.com.
The seller, e-ville, is an online store founded in 2007 serving customers in Finland and the Nordic countries. With a warehousing and maintenance team in Mäntsälä, e-ville’s product range includes mobile phones, bicycles, leisure equipment, electronics, and other home products. E-ville employs about 40 people in Finland, China, and Thailand.
The buyer, Verkkokauppa.com, is a Finland-based online retailer that serves its retail and corporate customers through its webstore, megastores, 24h kiosk and network of collection points as well as fast deliveries and various services.
“The acquisition is the first in the history of Verkkokauppa.com. We have had a strong organic growth during past years, and this acquisition provides an excellent fit with strategic growth targets. E-ville’s consumer, corporate and wholesale business and sourcing service in the Far East will strengthen our key growth areas. E-ville’s innovative and efficient corporate culture fits perfectly with Verkkokauppa.com’s culture and the way we work and serve our customers. We warmly welcome e-ville’s personnel to the Verkkis community,” says Panu Porkka, CEO of Verkkokauppa.com. The e-ville.com online store will continue to operate and serve its customers as before.
This transaction closed on 1 April 2022.
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