April 28, 2022
TonerPartner Group has announced the acquisition of the online retailer Druckerpatronen.de.
Rivean Capital portfolio company TonerPartner Group (TonerPartner), one of Europe’s leading online retailers specialised in ink, toner, and printer cartridges across European markets, announced that it has completed the acquisition of Iserlohn-based Druckerpatronen.de Office GmbH (Druckerpatronen.de), a German online printing supplies webshop from its founder.
TonerPartner Group explained that Druckerpatronen.de is a specialist in the private customer segment with a highly visible domain and a differentiated strategy. It caters to a loyal customer base with a comprehensive product offering of predominantly high-quality compatible products.
Following the strengthening of its market presence in France through the acquisition of SAS Rousselle.com (RousselleCom) in 2021, the acquisition of Druckerpatronen.de represents the next important milestone in TonerPartner’s buy-and-build strategy under ownership of Rivean Capital, the company explained. The transaction will allow TonerPartner to further strengthen its market position in Germany, advance its European multi-shop strategy, and diversify across a broad array of specific customer groups, capturing demand in European ink and toner markets, the company added.
The founder of Druckerpatronen.de as well as key employees will continue to support the combined group on its growth path.
Oliver Ahrens, CEO of TonerPartner, commented: “After add-on acquisitions in Germany and France combined with our organic expansion throughout Europe, the acquisition of Druckerpatronen.de is the logical next step to advance TonerPartner”s multi-shop strategy to build a European market leader. Both companies are highly complementary and have a proven track record, reliably supplying their customers with high-quality products and competitive offerings. Our combined customer base will benefit from a number of advantages, including a further improved logistics organisation and IT set-up, combining the strengths of both companies.”
Andreas Klab, Partner at Rivean Capital, commented: “With Druckerpatronen.de we have been able to win one of the leading and most visible companies in the online printing supplies space in Germany to further strengthen TonerPartner. The transaction marks the second add-on acquisition since Rivean Capital invested in TonerPartner in 2021. TonerPartner’s buy-and-build track record is a good testimony of the success possible in highly specialised online retail markets, which are fragmented and offer attractive M&A opportunities. The strength of Rivean Capital lies in identifying promising companies with strong business models and developing them in partnership with the founders and management.”
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