transcosmos Makes Follow-Up Investment in Vaimo

transcosmos inc. has made a follow-on investment in VAIMO AB (Headquarters: Stockholm, Sweden; CEO: David Holender; hereafter, VAIMO), the globally renowned strategic partner and supplier of omni-channel solutions. Leveraging VAIMO’s commerce expertise, transcosmos strengthened its global e-commerce one-stop services capabilities targeting the European market.

Founded in 2008, VAIMO is a globally renowned strategic partner and supplier of commerce solutions to B2B and B2C merchants, brands and manufacturers. In 9 years, Vaimo has deployed more than 400 websites on the Magento platform, burgeoned from 3 to over 300 employees, and opened 15 offices in 12 countries worldwide. This year, Vaimo was named one of 5 Magento Global Elite Partners and was recognised as the Magento Commercial Partner of the Year.

transcosmos formed a capital and business alliance with VAIMO in September, 2015, to help merchants to venture into the e-commerce market in Europe and vice versa help Vaimo clients to enter Asian markets. Going forward, transcosmos will further strengthen its partnership with TRANSCOSMOS (UK) LIMITED, its sales/business base in London, U.K., and transcosmos Information Systems Limited (TCIS), the U.K.-based call center/BPO services company that has service offices in the U.K., U.S., Hungary, Romania, Poland and the Philippines, enabling the delivery of its e-commerce one-stop services through the integration of VAIMO’s superior commerce solutions delivery capabilities and TCIS’s operational excellence. At the same time, transcosmos aims to develop new digital solution services in Europe whilst entering into other European countries, with an eye on making VAIMO one of its consolidated subsidiaries in the long run.

David Holender, CEO at VAIMO commented;
“We are very happy with the follow-on investment from transcosmos and their belief and support in our growth. We have been working closely together with transcosmos since the initial strategic partnership was signed in 2015 and have managed to grow our presence and client-base in Japan. The additional investment helps us to continue our high year-on-year growth, enter new markets and broaden our solution offering to merchants globally even further.”