cyber_Folks merges with Shoper to form near-$1B group on Warsaw exchange
What's the deal? Polish hosting and internet services company cyber_Folks has finalised its merger with e-commerce platform ShoperDealroom has a profile for this one. Try Dealroom →, folding the two businesses into a single entity. The combination transferred all of Shoper S.A.'s assets into cyber_Folks S.A. At the current cyber_Folks share price, the combined group's market capitalisation is close to $1 billion.
How it works: cyber_Folks will issue 3,215,165 new ordinary series F shares to Shoper's existing shareholders. The new shares are due to list on the Warsaw Stock Exchange (GPW)Dealroom has a profile for this one. Try Dealroom → on September 15, 2026.
Why now? The deal closes the formal integration process that began when cyber_Folks entered Shoper's shareholder base in early 2025. Since September 1, the companies have operated as one, allowing full integration of teams, technology, and product development.
What's the endgame? cyber_Folks wants to use Shoper's e-commerce product and expertise across its wider ecosystem and compete more effectively in Europe. The company expects technology and product synergies to outweigh direct cost savings, which it estimates at over 1 million złoty a year from reduced shared and administrative costs.
What they're saying: "Shoper brings a strong product and e-commerce competencies, and our goal is to use them across the entire cyber_Folks ecosystem," said Jakub Dwernicki, chief executive officer of cyber_Folks (translated from Polish). He added that the group is becoming "one, larger, and more transparent entity, easier to analyse also for international investors."
What changes for customers? Shoper stays a standalone product brand, developed as a platform for entrepreneurs running and scaling online sales. It will gain wider access to the group's technology, infrastructure, and competencies, including artificial intelligence, analytics, and automation.
The signal: The larger scale and free float should support share liquidity and give the group more flexibility to raise equity and debt for further growth. A simpler, bigger, and more transparent structure is also a bid to draw foreign institutional investors to a Warsaw-listed technology group.
Read more: mamstartup.pl
Image credit: gudmd.haralds
