Sep 24, 2024 3:50 PM
The Platform Group AG
/ Key word(s): Mergers & Acquisitions/Takeover
The Platform Group AG: Acquisition of the 0815 Group in Austria The 0815 Group was founded in 2007 by Florian Fleck, Oz Hazi, and Alexander Peretti and initially focused on online trade in electronic goods, before moving into areas such as tools, gardening products, and motor technology. Since 2012, there has been significant growth and an expansion of logistical capacities in order to integrate more partners and manufacturers onto the platform. This included, in particular, the construction of the new central warehouse on the outskirts of Vienna and the expansion of partnerships with numerous brands such as Bosch, Dyson, Miele and Braun. 0815 currently sells primarily in Austria and Germany, with revenue in the high double-digit millions. The Platform Group AG is a software company that is active in 22 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 16 locations across Europe and is headquartered in Düsseldorf. Over 25 investments and company acquisitions have been made since 2020. In 2023, pro-forma sales of EUR 441 million and an operating result (adjusted EBITDA) of EUR 22.6 million were realized. Investor Relations
24.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | The Platform Group AG |
Schloss Elbroich, Am Falder 4 | |
40589 Düsseldorf | |
Germany | |
E-mail: | ir@the-platform-group.com |
Internet: | https://the-platform-group.com/ |
ISIN: | DE000A2QEFA1 |
WKN: | A2QEFA |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1994611 |
End of News | EQS News Service |
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1994611 24.09.2024 CET/CEST