Winooski, VT, February 07, 2014 – MyWebGrocer today announced it has completed the acquisition of Buy4Now Limited, a private eCommerce software and services company based in Dublin, Ireland. This transaction builds upon MWG’s earlier acquisition of Buy4Now’s U.S. subsidiary in 2008, and provides MWG the technology platform, personnel, and client base to replicate its business model in Europe. Financial terms were not disclosed.
With more than a decade operating a successful eCommerce services business in Europe, Buy4Now will accelerate MWG’s global expansion. Buy4Now is a leader in the European grocery industry highlighted by a longstanding relationship with the Musgrave Group, Ireland’s largest grocery retailer. Additionally, Buy4Now’s extensive general merchandise capabilities will expand MWG’s solution offerings.
In recent years, Buy4Now has invested significantly in developing multi-currency and multi-lingual platforms that provide seamless eCommerce services across many countries. Integrating these capabilities into MWG’s suite of digital solutions makes for a comprehensive global offering.
„We are very excited about this new chapter in our growth and acceleration in our international expansion,“ said Rich Tarrant, MyWebGrocer CEO. „Our footprint already includes customers and partners in Asia-Pacific, North America and Europe. Buy4Now’s products and expertise will strengthen our global presence.“
„Our customers will benefit from access to MWG’s full suite of solutions,“ said Michael Veale, CEO of Buy4Now. „In Europe, we see a lot of demand for the planning tools and marketing services that make MWG the digital leader in the grocery industry. We are also eager to showcase our general merchandise capabilities to existing MWG clients.“
Buy4Now will operate as a subsidiary of MyWebGrocer. The company’s talented team of 60 employees will remain based in Dublin, one of Europe’s premiere tech hubs.
About MyWebGrocer: MyWebGrocer drives digital connections between consumers, grocery retailers, and Consumer Packaged Goods brands, offering a breadth of shopper marketing services supported by a comprehensive technology platform. MWG manages digital solutions for more than 140 retailers nationally, representing more than 10,000 stores, and 200+ major consumer packaged goods brands. For more information on MyWebGrocer, please visit http://www.mywebgrocer.com.
About Buy4Now: Buy4Now Technology Group is Ireland’s leading provider of eCommerce solutions using the ‚Software as a Service‘ model. The on demand platform allows the Buy4now Technology Group to implement sophisticated enterprise eCommerce solutions as a one stop shop incorporating high availability hosting, integration to ERP, customized web storefront, Merchandising, Helpdesk, Fulfilment and Handheld Picking, Reporting and Customer Communications software. Buy4now Technology Group’s clients include Superquinn, Musgraves, 3 Mobile, Arnotts, Woodies, Elverys, Currys and PC World. Information on the complete product and service offer is available at http://www.buy4now.com.
Press Contact:
Kyle Munderville
MyWebGrocer
Winooski, VT
+1 (802) 654-9758
http://www.mywebgrocer.com