Invibes Advertising SA acquired 90.5% stake in Dreicom AG.
November 25, 2018
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Invibes Advertising SA (ENXTPA:ALINV) acquired 90.5% stake in Dreicom AG on November 26, 2018. Pursuant to the terms of the transaction, Invibes Advertising will settle the consideration in the form of cash and shares from its own holding. Invibes Advertising will hold the stake alongside the founders of Dreicom AG. Dreicom AG will become Invibes Switzerland AG. For the year 2017, Dreicom AG posted a turnover of CHF 1.6 million. The two Managing Partners of Dreicom AG remain fully committed to the project. Alex Oeschger of Dreicom AG will become Chief Operating Officer and Board member of Invibes Advertising, while Tom Uebersax of Dreicom AG will assume the functions of Country Manager Switzerland and Board member of Invibes Switzerland AG. The rebranded Dreicom AG will be based in Zurich.
Invibes Advertising SA (ENXTPA:ALINV) completed the acquisition of 90.5% stake in Dreicom AG on November 26, 2018.
Invibes Advertising N.V. is an international technology company specialising in digital advertising innovation.
Founded on the philosophy that advertising efficiency comes from being truly innovative and naturally engaging to users, the group has developed an integrated technology platform for brands to reach consumers through impactful in-feed advertising.
Invibes Advertising N.V. delivers advertising that creates positive attention by harnessing the power of big data, innovative in-feed formats, wide reach and extensive intelligence services.
Pioneering the way in sustainable advertising, the group also offers a unique solution to offset campaign emissions through its Carbon-Neutral label.
In order to partner with some of the greatest brands in the world, like Amazon, Bacardi, Dell, IKEA and Toyota, Invibes Advertising N.V. relies on even greater people. Invibes Advertising N.V. strives to maintain an energetic, open environment that fosters a culture of ideation, growth and #GoodVibes, that shines straight through to its clients.
INVIBES ADVERTISING N.V. 
