Ascential PLC Acquisition of OneSpace (4840L)
13 September 2021 - 4:00PM
UK Regulatory
TIDMASCL
RNS Number : 4840L
Ascential PLC
13 September 2021
13 September 2021
Ascential plc
Acquisition of OneSpace extends eCommerce content optimisation
capabilities
Ascential plc (LSE: ASCL.L), the specialist information,
analytics and eCommerce optimisation company, has acquired 100% of
OneSpace, a content optimisation business serving brands trading on
eCommerce marketplaces.
Underpinned by its SaaS model, OneSpace manages product specific
content catalogues, enables the creation of original material and
customizes content in order to drive higher sales across multiple
products and marketplaces. It serves, on a subscription basis, over
60 CPG customers in the US market. OneSpace, based outside St.
Louis, employs 96 staff, led by Stephanie Leffler who founded the
business in 2011.
Duncan Painter, CEO of Ascential, commented:
"OneSpace's expertise in content management, optimisation and
distribution complements the leading execution capabilities we
already possess within Digital Commerce. In particular, its content
optimisation product set provides clear cross-selling opportunities
for our Edge and Flywheel businesses, while the global reach of our
Digital Commerce business overall offers a route to further
accelerate OneSpace's growth."
Contacts
Ascential plc
Duncan Painter Chief Executive Officer +44 (0)20 7516 5000
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Mandy Gradden Chief Financial Officer
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Rory Elliott Investor Relations Director
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Media enquiries
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Edward Bridges, Matt
Dixon, Jamie Ricketts FTI Consulting LLP +44 (0)20 3727 1017
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About Ascential
Ascential delivers specialist information, analytics and
eCommerce optimisation platforms to the world's leading consumer
brands and their ecosystems. Our world-class businesses improve
performance and solve problems for our customers by delivering
immediately actionable information combined with visionary
longer-term thinking across Digital Commerce, Product Design and
Marketing. We also serve customers across Retail & Financial
Services.
With more than 2,000 employees across five continents, we
combine local expertise with a global footprint for clients in over
120 countries. Ascential is listed on the London Stock
Exchange.
About One Space
OneSpace is a leading digital shelf optimization company based
in Swansea, Illinois. They provide a suite of tools and services to
help CPG brands win top position on the digital shelf by increasing
organic search visibility and conversions across multiple online
retailers.
https://www.onespace.com/about/
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END
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