Shookit has been acquired by Atara
Bond, a fast and accurate last-mile company, has sold Shookit, a fresh products provider, to Atara, run by members of the Atar family, third generation farmers.
Shookit is an online provider of fresh produce – vegetables, fruits, herbs, and other groceries to business and private customers. It uses a proprietary self-developed website and IT systems based on the company’s unique approach to quality control, freshness, price, waste and efficiently solves logistic challenges by using hyperlocal supply networks.
Atara specializes in growing fruit and vegetables in its agricultural areas, buying produce from various first-rate farmers and packaging houses and marketing them to their customers, ensuring quality and freshness. The company operates an advanced logistics center that includes a computerized order center that provides courteous and comprehensive service to the customer every day.
Bond has developed a platform that enables direct-to-consumer brands to deliver their products quickly and accept returns more easily. The firm’s platform helps digital-native brands to provide their online customers with an outstanding post-purchase and delivery experience for improved sales, retention and satisfaction. The company’s solution is based on a tech-driven network of neighborhood-level distribution centers managed by local teams.
Oaklins’ team in Israel served as financial advisor to Bond in the sale process.
Talk to the deal team
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreKaviari has received a minority investment from idiCo
Kaviari has received a minority investment from a pool of investors led by idiCo, alongside Bpifrance, IRD Invest and UI Investissement.
Learn moreAWC has acquired a significant minority stake in MyFitness
AWC AS, the investment company of the Norwegian family office Awilhelmsen, has acquired a 22.2% stake in MyFitness AS, the largest fitness club operator in the Baltics, becoming the MyFitness’ largest single shareholder.
Learn more