The purpose of the acquisition is to strengthen Retime’s position in the domestic market and expand its service offering at the Nordic level. “The acquisition of the business of a competing player is an excellent opportunity to further accelerate our growth.” Jani Ovaska, CEO of Retime Oy, commented. “At the latest, we can say that we are the largest Amazon office in Finland. I believe that thanks to our long experience and versatile services, we can offer Amazoniin.fi customers a very strong entity.”
Amazoniin.fi service has been developed and operated until now by Suomen Nettikauppa SNK Oy. According to CEO Jonne Välilä, the company is back to its roots. “Our Amazon path has started with selling our own products on Amazon.com. At the moment, it is best to focus on that side of our strategy. ” Välilä is satisfied with the business acquisition and cooperation with Retime. “It was especially important to us that our customers get the best possible and competent home. We believe this is a win-win-win. I am also very grateful for the good cooperation Amazoniin.fi’s customers.”
No personnel will be transferred with the transaction, but the intention is to co-operate after the business transaction. “With the same international team, we will continue to develop our own product brands. In fact, we just hired a new employee, and the recruit is on for another one as well, ”Välilä commented. “We’re are also recruiting more people all the time to stay ahead of our growth,” Ovaska says.
The price of the business transaction will not be disclosed to the public.
Founded in 2015, Retime Oy is the first company in the Nordic countries to specialize in Amazon e-commerce projects and marketing. The company is owned by its founders and staff, employs 9 people.
SUOMEN NETTIKAUPPA SNK OY
Suomen Nettikauppa SNK Oy is a company founded in 2018 that focuses on Amazon sales and has a team of Amazon professionals from around the world. The company specializes in identifying interesting niche markets in the international Amazon market.
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