Skip to main content

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 icon4276 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

New CAFE III Rules Give EVs 3x Credit, Allow Credit Trading

auther Darshan Nakhwa calendar30 Sep 2026

Final fuel-efficiency rules effective April 2027 tighten fleet targets through FY32, retain the highest super-credit for...

Cummins India Receives ₹95.26 Lakh Income Tax Penalty for AY 2018-19

auther Shruti Shiraguppi calendar30 Sep 2026

The Assessment Unit levied the penalty under Section 270A of the Income Tax Act; the company is evaluating legal remedie...

BMW Expands MINI Retail Network in Navi Mumbai with Integrated Showroom

auther Dev Vadchhedia calendar29 Sep 2026

Dealer partner Infinity Cars to integrate BMW, MINI, and pre-owned BMW Premium Selection into a single Retail.NEXT showr...