32Group Acquires Majority Shares of E-commerce Company jClub

 

32Group’s target acquisition of 60% shares of American tech company jClub is a major step in its efforts to expand its E-commerce footprint. Even though the intention and desire for the deal to conclude was present from the first meeting, it took just over a month of discussions to flesh out the details of the take over. The deal is mutually beneficial for both parties, since 32Group had been seeking a growth in its E-commerce activities for some time. Similarly, jClub will now benefit from 32Group’s presence and influence in the global markets. 32Group’s new subsidiary will now be looking to conquer international markets such as Europe, the Middle East and Asia, all the while growing its activities in the USA. Be sure to visit jClub’s website.

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