Go to deals
Consumer & Retail

Cocolita has been acquired by BurdaInternational

Hubert Gorecki, the founder and owner of SHOKO Sp. z o.o., has sold a 60% stake to BurdaInternational.

SHOKO is an internet platform that sells its products via its online store Cocolita.pl. It is one of the major players in Poland in the online retail sale of cosmetics, particularly make-up, with a growing market share in body care products and accessories. The company creates its own high quality media content and is extremely adept at using social media, which it uses to build a community of loyal clients. Cocolita selects the brands in its vast portfolio of products very carefully to satisfy the needs mainly of its 18- to 40-year-old customers, with a focus on popular and niche, but affordable, products. The offer includes over 200 brand names, such as Revlon, L’Oreal, Maybelline, but also Revolution, Jessup, NYX, Golden Rose and some private labels. This makes the business crisis-proof, and it benefits from the lipstick effect, where more affluent clients switch from premium brands to popular brands during hard times.

BurdaInternational, which includes the foreign activities of the media and tech company Hubert Burda Media, is one of the world's largest media and technology companies, operating in 17 countries. It has 3,500 employees and owns 350 media brands. The company has been developing the media market In Poland, for over 25 years, meeting the changing technological and content expectations of users of all ages. The company decided to start acquiring online retailers offering products to the same clientele as the media content produced by BurdaInternational.

Hubert Górecki and the management team will keep their managerial positions after the deal and Cocolita, one of the top three online cosmetics retailers in Poland, will continue to operate separately.

Oaklins’ team in Poland advised Hubert Gorecki, the founder and owner of the Polish e-commerce platform SHOKO, on the sale of a majority stake to BurdaInternational, via its local representation Burda Media Polska. Oaklins’ team in Germany introduced the investor and supported the transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Maciej  Szalaj

Maciej Szalaj

Principal

Warsaw, Poland
Oaklins Poland CF
Dr. Lutz  Becker

Dr. Lutz Becker

Associate Partner

Hamburg, Germany
Oaklins Germany
 Piotr  Pregowski

Piotr Pregowski

Director

Warsaw, Poland
Oaklins Poland CF

Related deals

Pimlico Plumbers has been acquired by Neighborly Inc. (KKR)
Private Equity | Consumer & Retail

Pimlico Plumbers has been acquired by Neighborly Inc. (KKR)

The founding shareholders of Pimlico Plumbers have sold the company to Neighborly Inc.

Learn more
Gazebo Penguin Inc. has been acquired by Champlain Financial Corporation
Private Equity | Construction & Engineering Services | Consumer & Retail

Gazebo Penguin Inc. has been acquired by Champlain Financial Corporation

The shareholders of Gazebo Penguin Inc. have sold the company to Champlain Financial Corporation.

Learn more
Néoform has been acquired by MDS
Consumer & Retail

Néoform has been acquired by MDS

Néoform Group has been acquired by MDS Group. Both companies will benefit from their complementary know-how in professional trading, DIY stores, kitchen designers and export.

Learn more