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 Professional BureauBy Autocar Professional Bureau calendar 04 Jul 2024 Views icon3249 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.

RELATED ARTICLES
Hyundai Motor India Crosses 1.1 Million Sunroof-Equipped Vehicle Sales in Five Years

auther Sarthak Mahajan calendar04 Jul 2025

More than half of Hyundai’s domestic car sales in early 2025 featured sunroofs, reflecting a steady shift in consumer de...

Autocar Professional’s July 1, 2025 Edition is out!

auther Autocar Professional Bureau calendar04 Jul 2025

Autocar Professional's latest edition highlights lightweighting as a key driver in automotive development, now central t...

EVMS Flags Illegal E-Rickshaws, Low-Quality Imports as Key Risks to India’s EV Growth

auther Shruti Shiraguppi calendar04 Jul 2025

Nearly 4.75 lakh unregistered e-rickshaws and rising substandard imports are challenging regulatory enforcement and dome...