Blackstone has agreed to acquire a majority stake in Skroutz, Greece's leading online marketplace, from private equity firm CVC. The deal marks a significant exit for CVC, which took a majority ownership of the e-commerce platform in 2020. Skroutz has grown to become the dominant online shopping destination in Greece, challenging international competitors in the local market.

The marketplace connects approximately 9,000 merchants with consumers offering more than 12 million products. Founded in 2005, Skroutz has expanded beyond its core Greek market in recent years, positioning itself for regional growth. The platform serves around 2.5 million users seeking product comparisons and online purchases, making it a critical player in southeastern European e-commerce.

The acquisition reflects continued private equity appetite for European e-commerce platforms with strong market positions. CVC's exit after roughly four years of ownership suggests confidence in Skroutz's growth trajectory. Blackstone's investment will likely support further expansion and technological development at the Greek marketplace, potentially accelerating its international ambitions.