ad pepper Group further expands its stake in solute and continues its strategic growth course
|
EQS-News: ad pepper media International N.V.
/ Key word(s): Investment/Capital Increase
Nuremberg, Amsterdam, 24 February 2025 - The ad pepper Group is increasing its stake in solute Holding GmbH & Co. KG to 44.37%. By acquiring a further 18.73% of the shares, the ad pepper Group is systematically continuing its strategic investment and strengthening its market position. This underlines the company's growth strategy and creates new synergies. The transaction was contractually finalised today with six shareholders of solute and is subject to customary closing conditions and the approval of solute's boards. The purchase price for the new shares is approx. EUR 4.5 million. In return, 2,305,195 new ad pepper Group shares without subscription rights for existing shareholders will be issued in return for a non-cash contribution. “With solute, we are gaining additional expertise and reach, and we are creating synergies that will further strengthen our market position. Together we will develop innovative solutions – with the vision of establishing the ad pepper Group even more strongly as a leading player in the European market,” explains Dr Jens Körner, CEO of the ad pepper Group. “The intensified cooperation with the ad pepper Group and its subsidiary Webgains opens up new growth opportunities for us. As a leading provider of price comparison sites in German-speaking countries, we benefit from the integration of additional resources and expertise. These synergies create a strong basis for innovative solutions and accelerated market penetration,” comment Dr Thilo Gans and Bernd Vermaaten, Managing Directors of solute GmbH. solute operates well-known portals such as billiger.de, shopping.de and juhuu.at. In the past financial year, solute generated sales of EUR 44.7 million and EBITDA of EUR 3.9 million. Talks with other solute shareholders, including Deutsche Tele Medien GmbH, are continuing. The aim is to acquire a majority stake in solute and to fully consolidate it in the ad pepper Group's consolidated financial statements.
For more information:
.
24.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | ad pepper media International N.V. |
| Frankenstrasse 146 | |
| 90461 Nuremberg | |
| Germany | |
| Phone: | +49 911 9290570 |
| Fax: | +49 911 929057-157 |
| E-mail: | ir@adpepper.com |
| Internet: | www.adpeppergroup.com |
| ISIN: | NL0000238145 |
| WKN: | 940883 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2090591 |
| End of News | EQS News Service |
|
|
2090591 24.02.2025 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.