Milan, Italy, (25 November, 2021): MBE Worldwide (“MBE”) is pleased to announce the full acquisition of PrestaShop, a leading e-commerce platform in Europe and Latin America.
MBE enables people and entrepreneurs to succeed in growing their business through a platform of digital-ready shipping, fulfilment, print and marketing solutions. In 2020, MBE served over 700,000 business customers worldwide through a global network of 2,800+ service centres in 53 countries with system-wide sales exceeding US$ 1 billion.
PrestaShop allows any merchant to utilise its e-commerce channel anywhere in the world, benefiting from a platform fully customisable and adaptable to each market. In 2020, more than 300,000 merchants generated over €22 billion in sales via PrestaShop’s e-commerce platform and services.
A strong set of common core values - passion, tenacity, ambition, team spirit and innovation - underlies the strategic motivation for MBE’s acquisition of PrestaShop.
These attributes support the two companies’ common vision originating from the merging of respective strengths, the digital e-commerce and physical location-based platforms, complementing each other’s offer within the same global commerce value chain. The result will allow a fully integrated, seamless customer experience to enable enterprises to realize significant growth potential.
MBE and PrestaShop both focus on one primary strategic customer segment, SMEs. The joined forces will mean significant growth potential in their core geographical strongholds and common base of 600,000+ customers in Europe (primarily Italy, France, Spain, Germany, the UK and Poland) and over 1 million worldwide.