Berlin, August 13, 2013 // Zalando shareholder Rocket Internet has transferred its shares in the online company to its own shareholders Kinnevik, European Founders Fund (EFF) and Access Industries. As a result, Kinnevik now holds 37 percent shares in Zalando GmbH directly and is therefore officially the largest shareholder of the Berlin-based e-commerce company.
“With this transfer, Kinnevik now officially is Zalando’s largest shareholder. This step once more assures the long-term nature of our partnership. We welcome Access Industries as our new shareholder and we are looking forward working together,” commented Rubin Ritter, Managing Director of Zalando. Kinnevik has already been the largest shareholder in Zalando since October 2012, holding part of the shares indirectly through its investment in Rocket Internet.
CEO of Kinnevik, Mia Brunell Livfors, commented: “We are pleased with this development which allows Kinnevik, as Zalando’s largest shareholder, to support the company to continue its successful development”.
Besides Kinnevik, the Rocket Internet shareholders European Founders Fund and Access Industries have received a direct share in Zalando.
Zalando (https://corporate.zalando.com) is Europe’s leading online retailer for shoes and fashion. Working with over 1,500 interna-tional brands, Zalando offers an extensive selection of products for women, men and children, ranging from popular high street brands to much sought-after designer labels. Exclusive accessories and sportswear add to Zalando’s wide range of products. A combination of unique services – free delivery and returns, a free service helpline and an extended day returns policy – make online shopping at Zalando a convenient and secure online experience. The company was found-ed by Robert Gentz and David Schneider in 2008 and its headquarters are located in Berlin. Following its success in Germany, Zalando launched in Austria in 2009 and the Netherlands and France followed in 2010. In 2011 Zalando ex-panded into Italy, the UK and Switzerland. Since 2012 Zalando has also been available in Sweden, Belgium, Spain, Denmark, Finland, Poland, and Norway. Deliveries were extended to Luxembourg in 2013.