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Dutch buyout Bol and Amazon shops Dwarfs.io passed into the hands of England's Olsam Group shortly before Christmas.

It now appears that the nearly four-year-old company has become part of a European operating e-commerce company. Olsam Group also has online stores on marketplaces where it sells its own products.

The English company expects to achieve sales above one hundred million euros this year. It operates with its branded stores mainly on Amazon.

Dwarfs will gain access to more foreign markets and more specialized international expertise.

How much money is involved in the transaction was not disclosed.

Photo: Simon Berger (cc)

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