Arvato Bertelsmann has acquired OGLI e-Solutions Platform
October 2014 — 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.
Our role in the transaction
Oaklins' team in Turkey acted as the exclusive financial advisor to Arvato Bertelsmann in this transaction.
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreGeralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn more