Global Blue has completed its purchase of ZigZag Global, a leading
Software-as-a-Service (SaaS) technology provider that enhances the ecommerce returns experience for consumers and streamlines the process for retailers across the world.
The acquisition was announced by Global Blue on 8 March2021 and the transaction was closed on 19 March 2021.
The union enables Global Blue and ZigZag to join forces to further empower merchants to capture growth opportunities through omni-channel technology and payment solutions.
Global Blue is listed on the New York Stock Exchange (Ticker: GB) and raised $70 million via a private placement of common stock issued to new institutional investors to fully fund the ZigZag acquisition.
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Domitille Pinta – VP Group Communication
Mob: 00 33 6 11 07 52 90 – Mail: email@example.com
ABOUT GLOBAL BLUE
Global Blue pioneered the concept of Tax Free Shopping 40 years ago. Through continuous innovation, it has become the leading strategic technology and payments partner, empowering merchants to capture the growth of international shoppers.
The Group connects all stakeholders involved in the international shopping ecosystem, helping:
In the financial year ending 31 March 2020, Global Blue processed 35 million Tax Free Shopping transactions with a total value of €18.5 billion sales in store, and 31 million Added-Value Payment Solutions transactions with a total value of €4.4 billion sales in store.
Global Blue has over 2,000 employees in more than 50 countries.
For more information, visit http://www.globalblue.com/corporate/