Hamburg \/ Munich \u2014 EQT Future and the globally opera\u00adting K\u00fchne Holding acquire a 35% stake in Flix SE (\u201cFlix\u201d or the \u201cCompany\u201d). In addi\u00adtion to a primary invest\u00adment in Flix, EQT Future and K\u00fchne Holding will acquire shares from exis\u00adting share\u00adhol\u00adders in order to build a long-term anchor stake in Flix. The company recor\u00added sales growth of 30% in 2023, reaching EUR 2 billion in total annual sales for the first time. \u2014 The closing of the tran\u00adsac\u00adtion is subject to certain custo\u00admary condi\u00adti\u00adons and regu\u00adla\u00adtory approvals.<\/p>\n
\u201cWe are plea\u00adsed to welcome EQT Future and K\u00fchne Holding as strong and focu\u00adsed inves\u00adtors with a proven track record of sustainable, long-term invest\u00adment stra\u00adte\u00adgies. Their capi\u00adtal and exper\u00adtise are a great asset to the over\u00adall stra\u00adte\u00adgic vision of our company. We could\u00adn\u2019t wish for better part\u00adners to start the next chap\u00adter of the Flix jour\u00adney,\u201d comm\u00adents Andr\u00e9 Schw\u00e4mm\u00adlein, CEO and co-foun\u00adder of Flix<\/strong>.<\/p>\n \u201cEQT Future supports high-quality, growing compa\u00adnies that have the poten\u00adtial to be leaders in their fields. Flix is the perfect exam\u00adple of this. We are deeply impres\u00adsed by what Andr\u00e9 and his team have built. They have deve\u00adlo\u00adped Flix from a start-up to a clear global market leader opera\u00adting in 43 count\u00adries,\u201d said Andreas Aschen\u00adbren\u00adner, Foun\u00adding Part\u00adner and Deputy Head of the EQT Future advi\u00adsory team.<\/p>\n \u201cFor us at EQT, it\u2019s always about provi\u00adding more than just capi\u00adtal. We are proud to part\u00adner with K\u00fchne Holding, one of the leading trans\u00adpor\u00adta\u00adtion and logi\u00adstics inves\u00adtors, and Andr\u00e9 and his team and look forward to support\u00ading Flix\u2019s stra\u00adte\u00adgic growth agenda in the long term. We want to ensure that Flix\u2019s low-carbon solu\u00adtion for long-haul travel reaches even more people around the world, and we believe Flix is well on its way to making a name for itself in the indus\u00adtry and beyond.\u201d<\/p>\n Domi\u00adnik de Daniel, CEO of K\u00fchne Holding AG, commen\u00adted: \u201cFlix is driving the next gene\u00adra\u00adtion of coll\u00adec\u00adtive trans\u00adpor\u00adta\u00adtion. K\u00fchne Holding is proud to support the company as a stra\u00adte\u00adgic part\u00adner in its next phase of expan\u00adsion. Over the past few months, we have built up a good rela\u00adti\u00adonship with our colle\u00adagues at EQT Future. We have great confi\u00addence in Andr\u00e9 Schw\u00e4mm\u00adlein and his team and look forward to support\u00ading the future of Flix in a bene\u00adfi\u00adcial partnership.\u201d<\/p>\n Karl Gernandt, CEO of K\u00fchne Holding AG<\/strong>, added: \u201cAs one of the largest stra\u00adte\u00adgic inves\u00adtors in the trans\u00adpor\u00adta\u00adtion and mobi\u00adlity sector, K\u00fchne Holding is now taking a further step into the market for coll\u00adec\u00adtive bus trans\u00adport. With Flix\u2019s proven asset-light opera\u00adting model, we see great syner\u00adgies with our other invest\u00adments in the trans\u00adpor\u00adta\u00adtion sector. We also want to support the inter\u00adna\u00adtio\u00adnal networ\u00adk\u2019s expan\u00adsion stra\u00adtegy. We are buil\u00adding on the great success Flix has had in estab\u00adli\u00adshing the bus as the leading sustainable mode of trans\u00adpor\u00adta\u00adtion \u2014 for more than a decade in Europe and now overseas.\u201d<\/p>\n Promo\u00adting profi\u00adta\u00adble growth Expan\u00adsion of global presence Expan\u00adsion of busi\u00adness in North America About EQT About Flix Driven by the growing aware\u00adness of sustainable travel, Flix aims to become climate-neutral in Europe by 2040 and world\u00adwide by 2050. In order to evaluate its progress within a scien\u00adti\u00adfi\u00adcally reco\u00adgni\u00adzed frame\u00adwork, Flix has set short-term targets for emis\u00adsi\u00adons reduc\u00adtion with the Science Based Targets initia\u00adtive. While Flix mana\u00adges the commer\u00adcial side of the busi\u00adness such as network plan\u00adning, pricing, opera\u00adti\u00adons control, marke\u00adting and sales, quality manage\u00adment and conti\u00adnuous product deve\u00adlo\u00adp\u00adment with a data-driven approach, trus\u00adted Flix part\u00adners run the day-to-day opera\u00adti\u00adons. The inno\u00adva\u00adtive combi\u00adna\u00adtion of Flix\u2019s tech\u00adno\u00adlogy and distri\u00adbu\u00adtion plat\u00adform with tradi\u00adtio\u00adnal passen\u00adger trans\u00adpor\u00adta\u00adtion has turned a Euro\u00adpean start-up into a leading and globally expan\u00adding travel tech\u00adno\u00adlogy company. About K\u00fchne Holding <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Hamburg \/ Munich \u2014 EQT Future and the globally opera\u00adting K\u00fchne Holding acquire a 35% stake in Flix SE (\u201cFlix\u201d or the \u201cCompany\u201d). In addi\u00adtion to a primary invest\u00adment in Flix, EQT Future and K\u00fchne Holding will acquire shares from exis\u00adting share\u00adhol\u00adders in order to build a long-term anchor stake in Flix. The company recorded [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":51823,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1368,1369],"tags":[],"class_list":["post-51825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors"],"yoast_head":"\n
\n<\/strong>
\nThe invest\u00adment comes at a time when Flix is conti\u00adnuing to grow stron\u00adgly and expand strategically.
\nThe company recor\u00added sales growth of 30% in 2023, reaching EUR 2 billion in total annual sales<\/strong> for the first time. This will be achie\u00adved with increased profi\u00adta\u00adbi\u00adlity and an adjus\u00adted EBITDA of EUR 104 million in 2023<\/strong>. The strong momen\u00adtum enables Flix to achieve stra\u00adte\u00adgic goals such as expan\u00adding its global presence, trans\u00adforming the North Ameri\u00adcan bus market and further scaling Flix\u00adTrain to respond to the incre\u00adasing demand for alter\u00adna\u00adtive rail services in Germany.<\/p>\n
\n<\/strong>
\nIn order to further streng\u00adthen its geogra\u00adphi\u00adcal presence, Flix recently ente\u00adred two of the most important
\nbus markets world\u00adwide: Chile and India. The company\u2019s global presence now extends to 43 count\u00adries world\u00adwide. Euro\u00adpean expan\u00adsion is being driven forward with both Flix\u00adBus and Flix\u00adTrain. Flix\u00adBus is signi\u00adfi\u00adcantly expan\u00adding its services in Great Britain, Portu\u00adgal and the Ukraine and has added new services in Norway and Finland. Flix\u2019s clear goal is to achieve market leader\u00adship in these markets.<\/p>\n
\n<\/strong>
\nFlix has been opera\u00adting in the United States since 2018. In 2021, the company acqui\u00adred Grey\u00adhound Lines, an iconic inter\u00adcity bus provi\u00adder, further expan\u00adding its reach, inclu\u00adding in Canada and Mexico. The trans\u00adfor\u00adma\u00adtion and inte\u00adgra\u00adtion of opera\u00adti\u00adons into the Flix plat\u00adform is well under\u00adway, which is incre\u00adasingly reflec\u00adted in a growing share of \u201casset-light\u201d assets, driving growth and profi\u00adta\u00adbi\u00adlity in the market.<\/p>\n
\n<\/strong>
\nEQT is a purpose-driven global invest\u00adment orga\u00adniza\u00adtion with total assets under manage\u00adment of EUR 242 billion (EUR 132 billion in fee-gene\u00adra\u00adting assets under manage\u00adment), opera\u00adting in two busi\u00adness segments \u2014 Private Capi\u00adtal and Real Assets. EQT owns port\u00adfo\u00adlio compa\u00adnies and assets in Europe, Asia-Paci\u00adfic and the Ameri\u00adcas and supports them in achie\u00adving sustainable growth, opera\u00adtio\u00adnal excel\u00adlence and market leadership.
\nFurther infor\u00adma\u00adtion: www.eqtgroup.com<\/p>\n
\n<\/strong>
\nFlix aims to trans\u00adform public trans\u00adpor\u00adta\u00adtion by offe\u00adring sustainable and afforda\u00adble solu\u00adti\u00adons for long-distance bus and train travel in more than 40 count\u00adries on four conti\u00adnents. With its asset-light busi\u00adness model and inno\u00adva\u00adtive tech\u00adno\u00adlogy plat\u00adform, Flix, which was foun\u00added in 2013, has quickly become a market leader for long-distance coach travel in Europe. After North America and Turkey, Flix\u00adBus, Flix\u00adTrain, Kamil Ko\u00e7 and Grey\u00adhound are expan\u00adding further into South America and India.<\/p>\n
\nFurther infor\u00adma\u00adtion: corporate.flixbus.com<\/p>\n
\n<\/strong>
\nK\u00fchne Holding AG, based in Switz\u00ader\u00adland, compri\u00adses the busi\u00adness inte\u00adrests of Klaus-Michael K\u00fchne. With an entre\u00adpre\u00adneu\u00adrial focus on invest\u00adments in the logi\u00adstics and trans\u00adpor\u00adta\u00adtion sector, it holds a majo\u00adrity stake in K\u00fchne+Nagel Inter\u00adna\u00adtio\u00adnal AG and is the largest single share\u00adhol\u00adder in Hapag-Lloyd AG, Deut\u00adsche Luft\u00adhansa AG and Brenn\u00adtag SE. In April 2024, K\u00fchne Holding announ\u00adced the acqui\u00adsi\u00adtion of the Aenova Group, a global leader in phar\u00admaceu\u00adti\u00adcal contract deve\u00adlo\u00adp\u00adment and manufacturing.<\/p>\n