2021
TB Auctions BV, a Netherlands-based company specializing in goods and real estate auctions, has acquired Vavato BVBA, a Belgium-based e-commerce company focused on online auctions.
Vavato is a Belgian online auction platform founded in 2015 by entrepreneurs Kevin Van de Vyver, Pieterjan Van Emelen, and Fons Tooten. The company specializes in industrial goods, overstock, and bankruptcy assets, aiming to simplify and modernize the bidding process. Headquartered in Lokeren, Belgium, Vavato offers a wide range of auctions, including construction materials, jewelry, and vehicles.
