The international technology and logistics service provider Arvato Bertelsmann (Arvato) has taken over the Turkish e-commerce logistics company OGLI e-Solutions Platform (OGLI) from Otto Group and Limango Turkey for an undisclosed consideration.The Istanbul-based company will be incorporated into Arvato’s SCM Solutions business unit. Financial details have not been disclosed.
Arvato is a fully owned entity of Bertelsmann, a global provider of Business Process Outsourcing (BPO) services, supports business / B2B clients across a wide range of industries in nearly 40 countries. The compnay has been active in Turkey since 2004.
“In this exciting and rapidly growing e-commerce environment, we see the acquisition of OGLI as an ideal platform for expanding our business in Turkey,” said Arvato Turkey CEO Soner Cesur. "We haven’t just bought a well-established company, but have also gained an experienced management team. The OGLI executives have twenty years of experience in supply chain management processes." OGLI CEO Umur Özkal added: “We are pleased to be part of the Arvato family now, and are confident that we can achieve stronger growth for our businesses through its international network.”
Established in 2012, OGLI is the first solely dedicated order fulfillment service provider for online retailers in Turkey, responsible for quick and accurate shipping of goods, and providing services such as order handling, storage, quality control, value added services, and returns management.
Otto Group is one of world's leading group of companies in retail and e-trade. The group provides active sales networks through e-commerce and retail channels, and is an expert in the European logistics sector with its logistic company Hermes. Limango Turkey is one of Turkey's largest online retailer and a fully owned subsidiary of the Otto Group.
Oaklins' team in Turkey acted as the exclusive financial advisor to Arvato Bertelsmann in this transaction.
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