GSI Commerce, an e-commerce solutions provider, has signed a definitive agreement to acquire Zendor.com, a UK-based provider of fulfillment, customer care and e-commerce solutions.
The acquisition establishes GSI as an end-to-end e-commerce solution provider capable of delivering integrated, multi-channel e-commerce solutions to both UK and global retailers and brands.
In addition to acquiring Zendor’s core operating components, GSI gains Zendor’s e-commerce expertise, local sales and marketing experience and welcomes its five notable U.K. retailers in the toys and baby, home and apparel categories. With the acquisition, GSI grows its global e-commerce partner base to approximately 85. GSI will acquire Zendor.com for approximately US$7.9 million in cash.
Steven Davis, president and managing director of GSI Commerce Solutions International, said: The acquisition of Zendor provides GSI with the opportunity to integrate Zendor’s leading fulfillment and customer care capabilities with GSI’s proven e-commerce technology solution. We are excited to offer UK and global retailers and brands comprehensive, end-to-end e-commerce solutions that have demonstrated success for our partners in the United States. This acquisition not only allows us to provide an end-to-end solution for the UK’s online market, but it also serves as the model which we will use to empower retailers and brands in establishing and building their e-commerce businesses across Europe.