Blackstone acquires Greek e-commerce platform Skroutz from CVC
Key takeaways
- The transaction is expected to close in the second half of 2026, subject to regulatory approvals, Blackstone said.
- Founded in 2005, Skroutz operates a platform where roughly 9,000 merchants list more than 12 million products, drawing around 2.5 million active users.
- As part of the deal, the founders will hold onto a meaningful ownership position and stay on to run the company, though they are selling some of their shares.
Blackstone acquires Greek e-commerce platform Skroutz from CVC Quartz · Bloomberg / Getty Images Colleen Cabili Mon, May 11, 2026 at 8:06 PM GMT+7 2 min read CVC.AS BX Blackstone has agreed to acquire a majority stake in Skroutz, Greece s leading e-commerce marketplace, from CVC Capital Partners Fund VII in a deal that values the company at €635 million ($747 million) including debt, according to Reuters.
The transaction is expected to close in the second half of 2026, subject to regulatory approvals, Blackstone said. The deal will double CVC s initial investment in Skroutz, according to Reuters.
Founded in 2005, Skroutz operates a platform where roughly 9,000 merchants list more than 12 million products, drawing around 2.5 million active users. The company has also built out logistics and fulfillment infrastructure, a retail media unit, and a licensed fintech arm, Blackstone said.