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NUREMBERG, AMSTERDAM - ad pepper media International N.V. (ISIN:NL0000238145) has acquired a majority stake in solute Holding GmbH & Co. KG, as announced today. The latest transaction involves the purchase of an additional 14.48 percent of solute’s shares for a cash sum of EUR 3.47 million. The sellers include Sutter Telefonbuchverlag GmbH, .wtv Württemberger Medien GmbH & Co KG, Rudolf Röser Verlag and Informationsdienste AG, and Verlag Hans Lück GmbH.
Subject to antitrust approval and other customary closing conditions, ad pepper’s total holding in solute will increase to 58.86 percent. This follows previous share acquisitions in October 2023 and February 2025. The consolidation of the investment is expected to occur in the second quarter of 2025.
solute, a debt-free company, reported sales of approximately EUR 44.7 million and an EBITDA of EUR 3.9 million in 2024. The acquisition is being funded from ad pepper’s cash reserves.
Ongoing discussions with other shareholders may lead to ad pepper increasing its stake in solute to a qualified majority of 75 percent. The transactions are considered related-party transactions under Dutch company law.
This strategic move by ad pepper, a company listed on the Prime Standard of the Frankfurt Stock Exchange and on various unofficial markets across Germany, aims to strengthen its market position. The information about this acquisition is based on a press release statement.
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