Westwing and Share Merge, Creating a Leading Global Home & Living Destination
Westwing, Europe's leading online retailer for home & living, and Share, the world's largest private community for home décor enthusiasts, have announced their merger. The combined company, which will be known as Westwing, will become the largest home & living destination globally.
The merger brings together two highly complementary businesses. Westwing has a strong presence in Europe, with over 2.5 million active customers. Share, on the other hand, has a global reach with over 12 million members. The combined company will have a presence in over 30 countries and will be able to offer its customers a wider range of products and services.
The merger is expected to be completed in the second half of 2023. The combined company will be headquartered in Munich, Germany, and will be led by Westwing CEO Stefan Smalla. Share CEO Matteo Cesari will become the company's Chief Creative Officer.
The merger is a major step forward for both Westwing and Share. It will create a global leader in the home & living market, with a unique combination of scale, reach, and expertise.
Benefits of the Merger
The merger will provide a number of benefits for both Westwing and Share customers, including:
- Increased product selection: The combined company will offer customers a wider range of home & living products, from furniture and décor to home textiles and lighting.
- Improved customer experience: The merger will allow Westwing to leverage Share's expertise in community building and content creation to create a more engaging and personalized customer experience.
- Access to exclusive offers: Members of the Share community will gain access to exclusive offers and discounts on Westwing products.
The Future of Westwing
The merger with Share is a major milestone in the history of Westwing. It will allow the company to continue to grow and expand its reach globally. The combined company is well-positioned to become the leading destination for home & living inspiration and commerce.
Westwing is excited about the future and looks forward to continuing to serve its customers with the best possible products and services.
Conclusion
The merger of Westwing and Share is a major development in the home & living market. The combined company will be the largest global destination for home & living inspiration and commerce. With its unique combination of scale, reach, and expertise, Westwing is well-positioned to continue to grow and succeed in the years to come.
