on Ad Pepper Media International N.V. (isin : NL0000238145)
Ad pepper media International N.V. Increases Majority Stake in solute Holding
On April 24, 2025, ad pepper media International N.V. announced the acquisition of an additional 14.48% stake in solute Holding GmbH & Co. KG. This acquisition increases ad pepper's total shareholding in solute to 58.86%. The purchase price for the transaction was EUR 3.47 million, paid from ad pepper's cash reserves. The transaction is subject to antitrust approval and customary closing conditions.
solute Holding reported sales of approximately EUR 44.7 million and an EBITDA of EUR 3.9 million in 2024. The company is noted to be debt-free. ad pepper is engaging in discussions with other solute shareholders, aiming to increase its stake to 75%.
The transaction is recognized as a related-party transaction according to Dutch company law. Consolidation of the investment is expected to occur in the second quarter of 2025.
R. E.
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