Polish ecommerce firm Allegro is promoting its subsidiaries in Slovenia and Croatia, to German non-public fairness agency Mutares. Which means Mimovrste, a widely known on-line retailer in Slovenia, will get a brand new proprietor. The sale is an effort to streamline Allegro Group’s monetary outcomes.
Allegro is a well-liked on-line market from Poland. In 2024, it generated a income of 2.6 billion euros. For 2025, it has not launched its monetary outcomes but. However within the third quarter, it recorded a complete commerce quantity of 4 billion euros.
Mall South
The corporate has a number of localized on-line shops, within the Czech Republic and in Slovakia. Up till now, Allegro Group additionally had a number of subsidiaries in Slovenia and Croatia. It was the proprietor of the favored Slovenian on-line retailer Mimovrste, and the Croatian Web Mall. Along with its devoted expertise belongings and groups based mostly within the Czech Republic to assist these operations, these fall underneath the Group’s Mall South.
‘Mall South’s adjusted EBITDA was a lack of virtually 5.7 million euros in September 2025’
Up till September 2025, the Mall South phase generated a GMV of 91.9 million euros (387.1 million Polish zloty), which was a year-over-year lower of 6.7 p.c. Its income was 69.13 million euros (291.1 million Polish zloty), a lower of seven.8 p.c. Moreover, its adjusted EBITDA was a lack of virtually 5.7 million euros (-23.8 million Polish zloty), a lower of 9.2 p.c.
Binding share buy settlement
These detrimental monetary outcomes weren’t new. Mimovrste, for instance, has been loss-making for years. Now, Allegro Group has determined to discontinue Mall South. The corporate has signed a binding share buy settlement. Which means Mutares is buying 100% of the shares in Mall South.
‘The sale could have a constructive affect on the Group’s consequence, by eliminating working losses’
“Whereas the Firm estimates the entire non-recurring detrimental affect of the disposal at roughly 55.8 million euros (235 million Polish zloty), the Administration Board anticipates that the divestment could have a constructive affect on the Group’s Adjusted EBITDA profile by eliminating the Mall South working losses”, stated Allegro in an announcement.
