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BSJP and DZP Advise on Ringier Axel Springer Media Investment in No Fluff Jobs

BSJP and DZP Advise on Ringier Axel Springer Media Investment in No Fluff Jobs

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BSJP has advised No Fluff Jobs Sp. on an investment agreement with Ringier Axel Springer Media AG. Ringier Axel Springer was represented by DZP.

Ringier Axel Springer took over 44% of shares in No Fluff Jobs, a job operator platform focusing on the IT sector. According to BSJP, “No Fluff Jobs Sp. z o.o. is the operator of nofluffjobs.com, a platform for publishing job ads, targeting specialists in the IT sector. For each ad, it is compulsory to provide salary brackets as well as other information on the position offered: from the technical stack to employee benefits.” Nofluffjobs.com has been operating for nearly four years, BSJP reports that over 1,500 companies have published more than 10,000 job ads on the site to date.

Mark Deca, CEO of Ringier Axel Springer Media AG commented: “No Fluff Jobs convinced us with their unique approach and the passion of the team for changing the standards of IT job recruiting. We are very happy to become the partner of a Polish job classifieds company and thereby expand the group of job classifieds portals at Ringier Axel Springer Media. Save for our successful news media portfolio, it is classifieds that are gaining more and more importance within the group.”

BSJP’s team was led by Legal Counsels Dag Nilsson and Aleksandra Owczarz.

The DZP team included Partner Marek Swiatkowski and Associate Joanna Fasula.

 

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