Bech-Bruun advises BESTSELLER on the purchase of shares in Zalando
The Danish clothing and accessories company BESTSELLER has recently entered into an agreement to purchase 10 per cent of the shares in Zalando. The purchase will make BESTSELLER Zalando’s third-largest shareholder.
Zalando is a significant European online retailer of shoes and fashion, and in only five years the company has gained 15 million customers and has achieved annual revenues in excess of EUR 1 bn.
Bech-Bruun has advised BESTSELLER throughout the process during the summer.