SellerX to acquire Elevate Brands.

SellerX, a Berlin-based eCommerce company, agreed to acquire Elevate Brands, an eCommerce aggregator. Financial terms were not disclosed. “Elevate Brands and SellerX are a perfect match: a strong cultural fit, a shared vision, and complementary capabilities. This acquisition combines our know-how and diversified portfolios of strong brands with a market-leading technology platform and strong operational infrastructure. By leveraging our combined strengths, I am convinced we are well-positioned to drive further consolidation in the industry,” Philipp Triebel, SellerX Co-Founder.