Mercell Holding completes acquisition of Cloudia Oy

Mercell Holding completes acquisition of Cloudia Oy

OSLO, NORWAY: Mercell Holding ASA has completed the acquisition of 100% of the shares in the leading Finnish e-Tendering provider Cloudia Oy.

The acquisition represents a major step in Mercell’s strategy to become the leading European provider of public e-tendering and e-procurement software.

Cloudia is a leading global provider of digital procurement performance solutions. Our comprehensive product portfolio includes solutions for both the strategic and the operational aspects of procurement – eSourcing, Contract Management, Supplier Management and networking with suppliers at Marketplace.

Mercell is a leading digital platform for public eTendering and entered the e-Procurement market in 2020. The company has approximately 3,000 buyers and some 26,000 suppliers as customers.

Mercell’s unique marketplace simplifies the tender and procurement process and makes it easy and secure for buyers to find relevant suppliers for their tenders and purchasing needs, and enables suppliers to find relevant business opportunities and receive and handle purchases from public and private buyers.

Mercell delivers services to public and private buyers in 13 European countries with the goal of becoming the leading software -as-a-service (SaaS)-platform for eTendering and eProcurement in Europe.

Through the acquisition of Negometrix in February 2021, Mercell also became market leader in the Netherlands and established a foothold in the US market.

Mercell Holding AS

0.83 EUR −0.0020 (0.24%)

8 Jun, 9:16 am GMT+2 · Disclaimer


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