EQT and Kühne Holding to acquire 35% stake in Flix

In addition to a primary investment in Flix, EQT Future and Kühne Holding will acquire shares from existing shareholders to build a long-term anchor shareholding in Flix.

Autocar Pro News Desk By Autocar Pro News Desk calendar 04 Jul 2024 Views icon1607 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
EQT and Kühne Holding to acquire 35% stake in Flix

Investors EQT Future and Kühne Holding have signed  a definitive agreement to acquire a 35% stake in Flix. 

In addition to a primary investment in Flix, EQT Future and Kühne Holding will acquire shares from existing shareholders to build a long-term anchor shareholding in Flix. This investment will further strengthen the global travel tech company's balance sheet/ The closing of the transaction is subject to certain customary conditions and regulatory approvals.

“We are delighted to welcome EQT Future and Kühne Holding as strong and purpose-driven investors with proven track records of building upon sustainable long-term investment strategies. Their capital and know-how will be a strong asset to our company's overall strategic vision. We couldn’t ask for better partners to embark on the next chapter of Flix’s journey”, commented André Schwämmlein, CEO and Co-Founder of Flix. 

“We are delighted to welcome EQT Future and Kühne Holding as strong and purpose-driven investors with proven track records of building upon sustainable long-term investment strategies. Their capital and know-how will be a strong asset to our company's overall strategic vision. We couldn’t ask for better partners to embark on the next chapter of Flix’s journey”, commented André Schwämmlein, CEO and Co-Founder of Flix.

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