14 September 2021 | Reading Time: < 1minute | Share:
Another company strengthened Euvic's technology group ranks. Unity Group we are talking about is an expert in the digital transformation of trade. This unique cooperation will allow us to build a leader in the digital transformation of the commerce sector in Europe. It will also enrich our Integrator 2.0 offer with a new, sixth business pillar - commerce transformation.
Commerce transformation as a key success factor
The digital transformation of companies accelerated by the Covid-19 pandemic has shown that the market needs strong, integrated players with a wide end-to-end offer attractive to local and foreign customers. That is why the Euvic's and Unity's shareholders decided to join forces and use their synergy effect.
For Euvic, this merger is a great opportunity to expand competencies and enter new business areas.
Considering the growing importance of e-commerce, we recognized the need to offer our clients new competencies and solutions. That is why we want to increase the variety of offered services, broadening them with the digital transformation consulting and solutions supporting its implementation. The managerial competencies of the Unity Group management board also play a crucial role. We are pretty sure that they will significantly strengthen the entire Euvic Group. We have a similar business approach - we want to be active in the M&A market and consistently build the image of an international market leader.
Wojciech Wolny, co-founder, and CEO of Euvic
For Unity Group, this fusion is an opportunity to materialize its efforts to accelerate its development. It's also a guarantee of wider access to markets and industries in which Euvic operates.
Joining the Euvic Group is the next level in our long-term development strategy in commerce digital transformation. This partnership is an ambitious step that will allow us to increase the scale of operations and faster expansion, also internationally. After finalizing a series of transactions based on the exchange of shares, Unity Group will remain an autonomous company that will join the Euvic Group. At the same time, the existing owners of Unity Group will become Euvic shareholders. We will operate under the same name and with the same, or even larger team.
Grzegorz Kuczyński, President of the Management Board of Unity Group.
A new, wider offer
Thanks to this merger, both companies will be able to create a European champion of digital transformation of the commerce sector. In addition to the constant development of their services, Unity Group, together with other Euvic Group's companies, will seek further offer synergies and provide comprehensive services in all projects related to business digitization. The complementarity of their offers will also guarantee several benefits for their current and future customers.
That is another step towards the consistent implementation of the Integrator 2.0 strategy and becoming a European leader in digital transformation. Due to the adopted investment policy and courageous business decisions today, we employ several thousands of people and compete with the global potentates of the IT industry. All that let us learn, develop, and seriously consider intensive foreign expansion and the scenario of introducing the Group to the GPW (Warsaw Stock Exchange).