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EQT and Kühne invest in Flix
Flix is getting a new minority shareholder and additional capital. Investors EQT and Kühne are acquiring 35% of the bus and train operator, as EQT and Flix announced.
Long-term Anchor Participation
To achieve this, they plan to invest in Flix as well as acquire shares from existing investors. The goal is a "long-term anchor participation".
Flix initially did not comment on the volume of the entry and how much money would flow into the company. The "Handelsblatt" reports, citing financial and investor circles, a total sum of around 900 million euros.
Trips to 43 Countries Worldwide
According to its own statements, Flix surpassed two billion euros in revenue for the first time last year. The company, based in Munich, now offers its services in 43 countries worldwide.
Translated automatically from German.
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