Razor Group Acquires German Aggregator The Stryze Group To Further Its Leading Position As The Consolidator Of Consolidators

Razor Group ("Razor"), a leading global aggregator of e-commerce consumer goods businesses, announced the acquisition of German competitor The Stryze Group ("Stryze"). Following the acquisitions of factory14 and VALOREO last year, the acquisition of Stryze underpins Razor's strategy to capitalize on the current macro environment to drive market consolidation. Simultaneously, Stryze's largest shareholder Upper90, a well-known player in the aggregator ecosystem globally, joined the second close of Razor's Series C funding round, bringing the total round size to €80m.