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
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreSalmo Group has acquired SAENGER Top Tackle and Westline Angelgeräte
Salmo Group SIA, a Riga-based family-owned fishing products vendor, has acquired SAENGER Top Tackle GmbH and Westline Angelgeräte GmbH, German wholesale distributors of fishing tackle across Western Europe.
Learn moreBackspin has completed a mandatory public tender offer for the shares of Spindox
Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.
Learn more