US EditionAllegro Group sells operations in Slovenia and Croatia
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2 Articles
Allegro Group sells operations in Slovenia and Croatia
Polish ecommerce company Allegro is selling its subsidiaries in Slovenia and Croatia, to German private equity firm Mutares. This means that Mimovrste, a well-known online retailer in Slovenia, will get a new owner. The sale is an effort to streamline Allegro Group’s financial results.
A major regional e-commerce transaction has recently caught the attention of the business community in Southeast Europe. Polish online retail giant Allegro has decided to sell its operations in Croatia and Slovenia to German investment company Mutares, which means the Germans are entering these markets by taking over already established online platforms. What was sold and who sold it to whom Allegro has sold its so-called “Mall South” segment, w…
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