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December 18, 2020 by Ecommerce News. About Acquisition with tags The United Kingdom. 8636 views.
Thrasio, a large acquirer of Amazon FBA businesses, has announced a commitment of 200 million pounds (220 million euros) to complete acquisitions of ecommerce companies in the United Kingdom. It has also announced the acquisition of Maximo Fitniss, its 11th acquisition in the UK.
This expansion of operations in the United Kingdom has also led to Thrasio opening an office in London. The company is increasing its focus on the UK, after a 193 million euros expansion into Germany earlier this month.
Acquiring and operating Amazon sellers
Thrasio’s business model is based on acquiring and operating successful companies that sell through Amazon. Thrasio claims to be world’s largest acquirer of Amazon third-party private label businesses. Owned brands include Beast Gear, CoffeeGator and Chalktastic. They are expected to generate 80 to 110 millio
GermanyUnited-kingdomLondonCity-ofMaximo-fitnissDanny-boockvarAbout-acquisitionBeast-gearஜெர்மனிஒன்றுபட்டது-கிஂக்டம்லண்டன்(2)
The largest global acquirer of Amazon brands makes its largest commitment to date, significantly expanding operations in the UK.
LONDON, Dec. 17, 2020 /PRNewswire/ Today Thrasio announced a commitment of £200 million to complete acquisitions of UK companies as well as the addition of Maximo Fitness, its 11th UK acquisition. The significant expansion of operations in the UK, Amazon s third largest market in the world with over 300,000 FBA sellers, will also include the opening of a London office. The move comes on the heels of Thrasio s nearly £175 million expansion into Amazon stronghold Germany earlier this month. Thrasio has acquired and operated Amazon businesses throughout the Pan-European region since 2018, and category-leading brands including Beast Gear, CoffeeGator, Chalktastic are expected to generate £75-100 million in revenue from the EU region in 2021.
GermanyUnited-kingdomLondonCity-ofJohn-hefterStephanie-foxJim-mannDanny-boockvarMaximo-fitnessBeast-gearThrasio-president-danny