The Platform Group closes acquisition of stake in Mister Spex SE
March 20, 2024 at 01:47 pm
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EQS-News: The Platform Group AG
/ Key word(s): Investment
The Platform Group closes acquisition of stake in Mister Spex SE
20.03.2024 / 14:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
The Platform Group closes acquisition of stake in Mister Spex SE
Düsseldorf, 20 March 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), a leading software company for platform solutions, informed Mister Spex SE today that it now directly holds approximately 7.6% of the shares in the company. The acquisition of 2,656,000 shares in Mister Spex SE, Berlin (ISIN DE000A3CSAE2) has thus been completed.
The Platform Group AG:
The Platform Group AG is a software company that is active in 19 sectors with its own platform solutions. Its customers include both B2B and B2C customers in sectors such as furniture retail, machinery retail, dental technology, car platforms, and luxury fashion. The group has 14 locations across Europe with 840 employees. Over 20 investments and company acquisitions have been made since 2020. In 2023, sales of EUR 440 million and an adjusted EBITDA of EUR 20 million are expected.
Contact:
Investor Relations
Reinhard Hetkamp, CFO and Head of IR ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany corporate.the-platform-group.com
20.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Platform Group AG, formerly fashionette AG, is a Germany-based Company, which provides a platform for online shopping. The Company is engaged in providing software solutions that can be used in almost all sectors and industries. Its industries include the machinery trade, dental technology, car platforms, luxury fashion and furniture. The products are purchased by Business to Business (B2B) and Business-to-consumer (B2C) customers. The Company offers full-service package consisting of software solutions, logistics, marketing, customer support, payment, and customer reach. It operates 20 platforms in 18 different sectors.