EShopWorld’s €1bn-plus sale to Asendia ‘just the start’ of growth plans
Online retail support firm hopes to double revenue every couple of years, says founder Tommy Kelly
While he can’t divulge specifics, Tommy Kelly “wouldn’t quibble” with suggestions of a billion euro plus valuation of EShopWorld, the company he founded, following its sale last week.
The Dublin-headquartered global business, which was started in 2010, is being acquired by Ascendia, the French-Swiss joint venture group which already owned 50 per cent of the company.
Full financial details of the deal have not been disclosed, but it is estimated to value EShopWorld at in ...