Raue has advised the founders of German eCommerce company KAVAJ GmbH on the sale of their company to Jays Group AB, Sweden, a publicly listed company on Nasdaq First North. JAYS has agreed to pay the purchase price partially in cash and partially with JAYS’ shares. Closing shall take place April 1st, 2019.
The KAVAJ founders have previously worked at Amazon in Germany and established KAVAJ in 2011 to build their own B2C online business. During the years, KAVAJ has developed an intelligent IT-platform and ecosystem to handle online sales on Amazon and eBay with smart connections to price-comparison portals, reviews-handling and other sales generating features to support the sales growth.
(25 March 2019)