PR_Mercateo is strengthening its capital baseMercateo has secured fresh capital to strengthen the growth of the largest European B2B marketplace and for strategic investments in the new Mercateo Unite networking platform.
BIP Investment Partners headquartered Luxembourg is investing a double-digit million figure in Mercateo. With this capital increase the Mercateo Group, which is now represented in 14 European countries, has secured new options to accelerate their business development.
For Mercateo, which has already grown into the European market leader with the independent B2B marketplace, the launch of the new platform model “Mercateo Unite” is a strategic focus. Mercateo Unite has recently been selected by SAP Ariba®, the world’s largest procurement platform, as the strategic partner for the market launch of the Ariba Spot Buy procurement process in Europe. This alliance promises to change ad-hoc procurement for companies all over Europe.
Peter Ledermann, CEO of Mercateo Beteiligungsholding AG, on the background to this expansion financing: “We have found in BIP, an investor who is enthusiastic about our vision and strategic market position. We are perfectly positioned with our new neutral infrastructure, to guide providers and buyers into the digital world of B2B commerce. The capital from BIP strengthens us in the expansion of our new Mercateo Unite platform and at the same time gives us the security to continue our growth in the current B2B marketplace. The market wants more from us and so we can grow without restrictions.”
Katrin Wehr-Seiter, Managing Director at BIP Investment Partners, adds: “The outstanding management at Mercateo has successfully built up a company with enormous growth potential in the highly exciting B2B segment. We are delighted to support the company’s in its next phase of growth.”