The Danish business group filed the necessary application with the competition regulator
A few days ago, Puls Biznesu reported that the Danish business group Nets is interested in investing in the operator of Przelewy24, one of the biggest online payment aggregators on the Polish market. The news was, however, unofficial, and neither company wanted to confirm it. Now we know for sure that Nets is buying Przelewy24, provided that the Office of Competition and Consumer Protection agrees.
The regulator published a note on its website on January 9th that confirms Nets filed an application on December 31st. The Danish company states its intention for concentration by acquiring sole control over Poznań-based PayPro, which offers services via the online platform Przelewy24.pl.
Rumors about Przelewy24's main owner Piotr Kurczewski looking for an investor for the company have been going around for a long time. My sources suggest that his company's stock might be worth hundreds of millions of Polish złoty. In the meantime, Nest is turning into the main player on the Polish online payment market. The company has recently finalized the acquisition of Dotcard, which is the result of a fusion between eCard and Dotpay. Nets bought both companies from an MCI fund. The transaction was allegedly worth 315 million złoty (approx. 74 million euro).