JEV Company Ltd, (trading as EVie) the company behind the EVie electric bike and car sharing businesses, has acquired 100% of the three Home James companies: Carback, Valeting and its nascent electric Taxi company.
Home James comprises three distinct businesses: Home James Carback, Home James Valeting Service and Home James Taxi Service, an all-electric taxi service; these businesses are complementary to the EVie shared electric transport offering.
The merger will offer significant synergies and benefits for both parties: for EVie it will provide the opportunity to develop revenue streams that are counter cyclical to its car and bike sharing businesses, and also to boost its management team; for Home James it will provide the capital and resources to grow its three business lines and to take advantage of the EVie technology platform; and for the Home James team to join with one of the fastest growing businesses in the Channel Islands.
Gavin Breeze (pictured), the Chairman of JEV Company Limited, said: “We are delighted to welcome Home James and its employees into the EVie family and look forward to working with them to grow all our respective business lines.
“We are particularly pleased to welcome Alex Morgan onto our board and to welcome Miguel Pereira as the new General Manager of both EVie and the existing Home James businesses, reporting to CEO Jamie Kelly”.
Alex Morgan, the Chairman of Home James, said: “We are thrilled to be joining forces with JEV Co and we look forward to working with them to develop all sorts of exciting green transport solutions for Jersey and beyond”.