on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG Acquires Dutch Luxury Platform Winkelstraat
The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has acquired a majority stake in the Dutch luxury platform Winkelstraat. Based in Vianen, Winkelstraat connects over 350 luxury retailers and has been the market leader in the Netherlands for over 10 years. The platform offers more than 600 brands including Chanel, Hèrmes, and Balenciaga.
Joost van der Veer of Winkelstraat expressed enthusiasm over the acquisition, noting that TPG's investment would strengthen their presence in the Benelux region and accelerate international expansion.
TPG's CEO, Dr. Dominik Benner, stated that the acquisition would significantly expand their luxury segment. The integration process will begin in September, with expanded marketing and software solutions aimed at international growth.
R. E.
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