Announced

cyber_Folks to acquire PrestaShop from Fortidia.

Synopsis

cyber_Folks, a hosting and digital services provider, agreed to acquire PrestaShop, a commerce platform, from Fortidia, a global commerce enablement platform. Financial terms were not disclosed. “This operation represents a decisive step towards greater strategic clarity. While PrestaShop is a highly valuable asset, we recognized that its growth potential will be maximized within a purely technological ecosystem like that of cyber_Folks. For Fortidia, this sale is not just a simplification of the portfolio, but an accelerator: the freed-up resources may be reinvested to innovate our logistics platforms and enhance B2B services, areas where our competitive advantage is strongest and where we can generate the maximum value for our customers. I’d like to take this opportunity to thank the entire PrestaShop team for the great work we’ve accomplished together over the past four years," Paolo Fiorelli, Fortidia Chairman and CEO.

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