Kinnevik now directly owns all of its Zalando shares
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.
Working with over 1,500 international brands, Zalando (www.zalando.co.uk) presents 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 make up Zalando’s wide range of products. A combination of unique services – free delivery and returns, a free service helpline and an extended returns policy – make online shopping at Zalando a convenient and secure online experience. The company was founded by Robert Gentz and David Schneider in 2008 and its headquarters are located in Berlin. Following its success in Germany, Zalando launched an Austrian site in 2009 and shops for the Netherlands and France followed in 2010. In 2011 Zalando expanded to Italy, the UK and to Switzerland. Since 2012 Zalando has also been available in Sweden, Belgium, Spain, Denmark, Finland, Poland, and Norway. Deliveries were extended to Luxembourg in 2013.
Head of Corporate Communications
Tel.: +49 (0)30 2096 810 38
Zalando.co.uk is brought to you by Zalando SE
Registered with the Amtsgericht Charlottenburg Berlin, HRB 158855 B
VAT-ID: DE 260543043 Tax Number: 37/125/21423
Management Board: Robert Gentz, David Schneider, Rubin Ritter
Chairman of the Supervisory Board: Lothar Lanz