HomeToGo Secures EUR 85 Million Through Capital Increase

HomeToGo SE has successfully placed 53.1 million new shares through a cash capital increase, generating gross proceeds of EUR 85.0 million. This strategic move, executed on 13 February 2025, involved a private placement in the form of an accelerated bookbuild offering. The shares, priced at EUR 1.60 each, represent approximately 41.8% of HomeToGo's current share capital.

The proceeds from this capital increase will partly finance HomeToGo's previously announced acquisition of Interhome. The remaining acquisition costs will be covered via a senior debt facility and available net cash. The transaction is anticipated to conclude in the first half of 2025, pending regulatory approvals and customary conditions.

The newly issued shares will join the existing listing on the Frankfurt Stock Exchange, with trading expected to commence on 18 February 2025.