Announced
Financials
Sources
Tags
online marketplace
E-commerce
Private
Pending
Acquisition
Sweden
Friendly
Private Equity
Minority
Single Bidder
Synopsis
METRO-backed private equity firm LeadX Capital Partners invested $18m in Matsmart, an online marketplace for food and non-food products. Founded in 2014 Matsmart sells surplus production and overstocks online to consumers in Sweden and Finland at major discounts. “We have been looking for a partner that can support us expanding to Germany and the rest of Europe. We are very proud to have METRO onboard and strongly believe that they will add knowledge and know-how in many different ways.”
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