Displate

 

In December 2020 MidEuropa became a majority shareholder in Displate, a leading online metal prints marketplace that connects more than 40,000 visual creators and more than 200 licensed brands, to a customer base across the globe. MidEuropa identified the business as part of its efforts to focus more on online marketplaces following the success of its investment in Allegro, and met Displate’s co-founder in 2019. 

A top-calibre management team, asset-lite business model, global scalability and highly attractive unit economics makes Displate well placed for robust and profitable expansion. MidEuropa and Displate management are focusing on three key pillars: product, content, and technology.

 

Partnership highlights:

• Growth of available content with brand partnerships growing from 30 to 200 
• Continuous investment into technology spearheaded by Chief Product Officer
• Improvements across corporate governance, strengthened the Supervisory Board, revamped the finance, back-office and reporting processes 
• Ongoing investment into capacity expansion and production automation

 

ESG initiative highlights:

• Displate has planted over 19m trees in Africa with Trees for the Future Foundation. For every Displate sold, a tree is planted
• Company switched to using recyclable paper packaging for all orders
• >50% of the non-production team are women
• Company supports plethora of local and national charitable initiatives

 

Value creation:

• Operational Excellence
• Digitalisation
• Organic Growth
• International Expansion