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this Transaction, in addition to allegro.pl also ceneo.pl.
Founded in 1999. Allegro has over 20 million registered users who make around 14 million transactions per month. The team is based in Poznan office in Warsaw, Torun, Wroclaw and Krakow. Works 1 275 people.
Cited in the report przemysław Budkowski, General Director of “Allegro”, said that “fused the experience of Cinven, Permira and Mid Europa will bring unique knowledge and know-how in the growing sector of e-Commerce and business technologies on the markets of Central and Eastern Europe”.
“We are pleased that we get from them financial support and access to sectoral knowledge for further development and attract investments that will certainly help significantly improve the quality of services that we provide to our customers,” he said.
", “Allegro” is a great business,” said David Barker, Partner at Cinven Fund. As he noted, “the company remains a leader, well prepared to take advantage of the development of e-commerce market, thanks to the excellent technological platform and excellent reputation among consumers.”
the report Cited Richard Sanders, Partner at Permira funudszu said that “the Permira funds for many years supported the innovative companies in the sector of the Internet.” “In” Allegro, “we saw a real gem – a business having a bona fide user and the brand the most recognizable web-based trading platform in Poland,” he added.
“we understand the huge opportunities for organic growth in the retail sector and e-Commerce in Poland. Investment in Allegro is in line with our strategy of supporting leading players in the market, generating impressive financial results in the region of Central and Eastern Europe”, – he said moreover, Paul Padusiński, Partner at Mid Europa.
the Transaction is subject to standard antitrust agreement.
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