Wolt Signs Agreement to Acquire Tazz, Expanding Operations in Romania

Wolt, the Finnish-origin local commerce platform, has signed an agreement to acquire Tazz, one of Romania’s leading delivery platforms and part of the eMAG group. The transaction is expected to close within the next few months, subject to regulatory approvals and other closing conditions.

This acquisition marks a strategic move for Wolt, enhancing its position in Romania by leveraging Tazz’s strong local market presence. After the transaction’s completion, Wolt intends to introduce its brand and services in Romania, ensuring continuity for Tazz’s existing customers, employees, and partners.

Alin Şerban, CEO of Tazz, emphasized the growth opportunities this acquisition brings: “Joining forces with Wolt represents an extraordinary opportunity. Wolt is globally known for their best-in-class customer experience and their truly local approach. Through this partnership, we can enhance our offerings and provide even greater value not just to our customers but also to our merchants and couriers.”

Tazz, which operates in over 35 cities in Romania with a team of 260 people, has rapidly grown to become a key player in the local delivery market, offering services across restaurant, grocery, and retail sectors.