Selfly Store, a Finnish innovator in intelligent vending technologies, has been acquired by Husky Intelligent Fridges, a leader in connected commercial refrigeration. This strategic acquisition aims to merge Selfly Store’s expertise in unmanned retail solutions with Husky’s advanced refrigeration technologies, enhancing their capabilities in the rapidly growing market for unmanned retail solutions.
Key Takeaways
- Strategic Acquisition: Selfly Store has been acquired by Husky Intelligent Fridges to enhance their product offerings in the unmanned retail sector.
- Market Growth: The unmanned retail market is projected to grow significantly, reaching €3.1 billion by 2031 in Europe.
- Innovative Solutions: The partnership will leverage advanced technologies such as IoT, AI, and cloud computing to optimize retail operations.
Overview of Selfly Store
Selfly Store specializes in data-driven vending systems that operate 24/7, catering to various sectors including hotels, hospitals, and workplaces. Their innovative vending machines have shown impressive performance, generating 52% higher average revenue for operators in 2024 compared to the previous year.
The company utilizes cutting-edge technologies such as RFID, IoT, and AI to provide real-time data and analytics, enabling businesses to optimize inventory and enhance customer convenience. With a presence in over 20 European countries, Selfly Store is well-positioned to meet the evolving needs of modern retail.
Husky Intelligent Fridges: A Leader in Smart Refrigeration
Husky Intelligent Fridges is recognized for its innovative solutions in connected commercial refrigeration. The company focuses on empowering businesses in sectors like catering and retail with advanced refrigeration systems that integrate smart technologies. Their customizable solutions are designed to enhance operational efficiency and reduce costs, making them a key player in the unmanned retail and smart vending markets.
The Future of Unmanned Retail
The demand for unmanned retail solutions has surged, particularly in the wake of the COVID-19 pandemic. As consumer preferences shift towards convenience and contactless shopping experiences, the market for intelligent vending machines and microstores is expected to grow at an annual rate of 65%.
Husky and Selfly Store’s collaboration aims to redefine the landscape of intelligent vending and commercial refrigeration. By combining their expertise, they plan to accelerate innovation and streamline processes with suppliers and partners, ultimately creating greater value for clients and the industry.
Leadership Insights
Aslak de Silva, CEO of Selfly Store, expressed enthusiasm about the acquisition, stating, "We are thrilled to become part of the Husky family. This partnership allows us to amplify our impact, leveraging Husky’s expertise to further advance our mission of changing the game of grab-n-go food shopping."
Serge Kremer, Co-Founder of Husky Intelligent Fridges, added, "This partnership embodies the idea that the whole is greater than the sum of its parts. Together, we will not only enhance our product offerings but also set new benchmarks for the smart refrigeration industry."
Conclusion
The acquisition of Selfly Store by Husky Intelligent Fridges marks a significant step forward in the evolution of unmanned retail solutions. By combining their strengths, both companies are poised to lead the way in developing innovative products that cater to the growing demand for smart, efficient, and convenient retail experiences.