3U HOLDING AG: Merger of Selfio GmbH with Selfio SE Completed

3U HOLDING AG has officially completed the merger of its wholly-owned subsidiary, Selfio GmbH, with Selfio SE. The merger, which was registered on July 11, 2024, results in Selfio SE's share capital increasing to EUR 30.12 million.

The merger agreement, initially notarized by shareholders in 2023, transfers all of Selfio GmbH’s assets to Selfio SE. An independent expert confirmed the enterprise value of Selfio GmbH at over EUR 30 million, based on balance sheet assets, capital resources, existing customer base, and future revenue potential.

This strategic merger aligns with 3U HOLDING AG’s goals in the Sanitary, Heating, and Air Conditioning Technology segment. The restructuring enhances Selfio’s market positioning and equity base. An initial public offering (IPO) for Selfio SE is under intensive review as a potential growth financing option.