2024-02-08
201
1 minutes.


Silpo supermarket acquires fruit and vegetable delivery service OVO

The Silpo supermarket chain acquired the OVO fruit and vegetable delivery service, which was on the verge of closure.

Silpo takeover of OVO fruit and vegetable delivery service

Deal overview

Silpo supermarket chain owned by to the Fozzy Group, acquired OVO, a fruit and vegetable delivery service that was under threat of closure. According to Forbes, the amount of the deal is not disclosed, but it is possible that the conversation is about several hundred thousand dollars.

Silpo supermarket acquires fruit and vegetable delivery service OVO

About OVO

The startup OVO was founded in 2020 and was in danger of disappearing after the started war on the market. However, it had some potential that Silpo can use to improve its range and positioning in the fresh produce category. Experts believe that this takeover could be a great opportunity to test and improve delivery, particularly in the Fresh category — fresh vegetables and fruits.

Silpo supermarket acquires fruit and vegetable delivery service OVO

Reasons for purchase

Silpo company could purchase a startup in order to get a team aimed at for food delivery that can achieve results quickly. The size of the Silpo team is not disclosed, but according to AIN.UA, as of June 2021, the company employed about 50 people.

Glossary

  • "Silpo" is a supermarket chain that is part of the Fozzy Group of companies .
  • OVO is a vegetable and fruit delivery service acquired by the Silpo supermarket chain.
  • Fozzy Group is a group of companies owned by the Silpo supermarket chain.
  • Forbes is a publication that provides financial and business news.
  • AIN.UA is a Ukrainian publication that deals with technological news and startups.

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Answers to questions

What is the news about the Silpo supermarket chain and the OVO fruit and vegetable delivery service?

The supermarket chain "Silpo" purchased the OVO fruit and vegetable delivery service.

Who purchased the OVO fruit and vegetable delivery service?

The supermarket chain "Silpo" purchased the OVO fruit and vegetable delivery service. OVO was on the verge of closure.

What were the reasons for the acquisition of OVO by the Silpo supermarket chain?

Silpo may have acquired a startup in order to acquire a food delivery team that can deliver results quickly.

What opportunities does the takeover of OVO provide for the Silpo supermarket chain?

The acquisition of OVO could be a great opportunity to test and improve delivery, particularly in the Fresh category - fresh vegetables and fruits.

What is known about the Silpo company and its chain of supermarkets?

"Silpo" is a supermarket chain belonging to the Fozzy Group of companies.

Copywriter Elbuz
Brief description
The Silpo supermarket chain, owned by the Fozzy Group, includes a new fruit and vegetable delivery service after its takeover by OVO.
Article Target
Informing readers about the takeover of the OVO fruit and vegetable delivery service by the Silpo supermarket chain
Style
Informative
Target audience
Buyers, consumers of vegetables and fruits, readers interested in news from the field of retail trade and the delivery industry


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The Silpo supermarket chain, owned by the Fozzy Group, includes a new fruit and vegetable delivery service after its takeover by OVO.


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