Otto GmbH & Co. KGaA
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Otto GmbH & Co. KGaA - overview
Established
1949
Location
Hamburg, -, Germany
Primary Industry
Retail
About
OTTO Group is an innovative technology firm that From mail-order company to a globally operating trading and service group with a clear focus on innovation and digital transformation: The Otto Group embarked on its journey into the future long ago. A clear set of values helps us stay on course as we grow. Because we firmly believe that economic success and social and environmental responsibility go hand in hand. We can always rely on our team: Anyone who works at the Otto Group does so out of conviction – to set standards together.
We look to the future with enthusiasm. Because we are convinced that quality, innovation, and fairness will prevail. OTTO Group is an innovative technology firm that From mail-order company to a globally operating trading and service group with a clear focus on innovation and digital transformation: The Otto Group embarked on its journey into the future long ago. A clear set of values helps us stay on course as we grow.
Because we firmly believe that economic success and social and environmental responsibility go hand in hand. We can always rely on our team: Anyone who works at the Otto Group does so out of conviction – to set standards together. We look to the future with enthusiasm. Because we are convinced that quality, innovation, and fairness will prevail.
Based in Hamburg, Germany and founded in 1949, Otto GmbH & Co. KGaA, provides multi‑channel retail, e‑commerce, logistics, and financial services solutions for the global retail and digital commerce industry space. The company operates as one of the world’s largest privately held retail and services groups, having evolved from a post‑war mail‑order shoe business into a diversified digital commerce ecosystem with subsidiaries such as Crate & Barrel, Bonprix, About You, Unito and Hermes. It has continually pivoted—first from catalog retail to omnichannel retailing, and later toward digital platforms and marketplace models—while expanding internationally across Europe, North America, and Asia.
The company’s growth has been driven by strategic diversification, acquisitions, digital transformation initiatives since the 1990s, and longstanding family stewardship under the Otto family, including founder Werner Otto and later Michael Otto and Benjamin Otto. In November 2025, Otto Group agreed to acquire a minority stake in Hermes Germany GmbH from Advent International.. The OTTO Group company works with consumers, marketplace sellers, global retail brands, e‑commerce partners, logistics clients, and financial services customers to provide a broad portfolio of digital retail, omnichannel shopping, logistics, fintech, and service‑driven solutions. Its operations span multiple strategic business areas—Platforms, Brand Concepts, Retailers, Services, and Financial Services—supporting a wide customer base across Germany, the rest of Europe, and the United States.
Otto Group generates revenue through a diversified multi‑segment business model spanning e‑commerce platforms, branded retail concepts, logistics operations, and financial services. Its ability to generate income comes from the monetization of transactions, service provision, marketplace infrastructure, and retail operations across its global customer base. The Group’s revenue comes primarily from normal commercial activities such as direct‑to‑consumer sales, marketplace partnerships, logistics service contracts, and financial services for retail customers.
Primary Industry
Retail
Sub Industries
Retail
Website
www.ottogroup.com/
Verticals
IoT (Internet of Things)
Total Amount Raised
Subscriber access only
Otto GmbH & Co. KGaA - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Announced | Hermes Germany GmbH | - | ||||||||
| Secondary Buyout | Completed | Evri Limited | - | ||||||||
| Add-on | Completed | shopping24 GmbH | - | ||||||||
| Buyout | Completed | Hermes Germany GmbH | - | ||||||||
| Corporate Carve Out | Completed | Evri Limited | - |
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