Olsam Group (Olsam), an ecommerce platform that acquires and scales businesses, has completed the acquisition of Colapz, a UK-based camping and outdoor brand which sells patented, collapsible outdoor and camping products.
The acquisition is a key step for Olsam, which recently raised USD165 million, into the camping and outdoor market. Colapz’s team of product designers will also be joining Olsam as part of the deal.
Olsam’s expertise as a UK based acquirer will help expand the Colapz brand globally, notably into Amazon US, EU, as well as Asia.