Online retailer Mimovrste acquired by Allegro of Poland

Ljubljana – Mimovrste, Slovenia’s largest online retailer, has been acquired by Polish shopping platform Allegro. The latter bought Mall Group, which owns Mimovrste and WE/DO, from PPF, EC Investments and Rockaway Capital on Thursday. The deal is worth EUR 881 million, with an adjustment of EUR 44 million for debt and other items. Mimovrste said in a press release that the planned merger of Allegro, Mall Group and WE|DO would strengthen its status of a leading online market place and a platform for buyers and retailers in Central and Eastern…

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