Dino Polska To Acquire 75% Equity Stake In eZebra

Dino Polska has received the consent of its supervisory board to acquire the secondary shares of eZebra.

eZebra operates an online drugstore and offers a range of cosmetics and perfumes, as well as accessories in the beauty, health, personal-hygiene and household categories.

The retailer aims to collaborate with the management of eZebra, to continue developing the operations of the online drugstore and jointly develop competencies in e-commerce.

The founders of eZebra will continue to serve on its management board, to oversee the execution of its growth strategy.

The Deal

As part of the agreement, Dino Polska will acquire control of eZebra and its subsidiaries – 3BOOM sp. z o.o. and its registered office in Lublin (3BOOM), and JTG Polska sp. z o.o. and its registered office in Lublin (JTG) – as well as its warehouse, rendering warehouse, and shipping services.

The deal is expected to close by 31 March 2024, upon obtaining the consent of the president of the Polish office of competition and consumer protection to acquire the shares.

It is also subject to the consent of JTG’s lender to execute the transaction and perform other activities required by the agreements in place with the bank.

ESM