The investment fund Net Departo Ventures has shed their light on the Nordic e-commerce market. The new fund announced to have acquired a majority stake in the e-commerce website The founder behind the acquired firm, Dan Nilsson, mentions that a possible turnover of over €11M (100MSEK) could be possible.

I’m incredibly happy with the deal. [The people behind] Net Departo are no suit-guys with powerpoints, but they are real e-retailers and contractors. With the expertise that comes into the company and the capital contribution made in connection with the acquisition, I think we certainly can achieve our goal of a turnover 100MSEK in the Nordic market, says Dan Nilsson (

Anders Andersen from Net Departo Ventures leads the acquisition and mentions at that this is the start of a series of acquisitions in the Nordic e-market.

With the investment in, we get the best possible start to our series of e-commerce investments. The firm has a sound, growing business, which proves the concept, but there still is a lot of potential that we can help the company realize further.