EQT, Kühne Holding to acquire 35% stake in Flix
Summary
Munich-based Flix SE, a travel technology company, announced on Thursday that EQT Group and Kühne Holding have acquired a 35 per cent minority stake worth around €1B. “We are delighted to welcome EQT Future and Kühne Holding as strong and purpose-driven investors with proven track records of building upon sustainable long-term investment strategies. This growth allows Flix to focus on expanding its global footprint, revolutionising the North American bus market, and scaling FlixTrain to meet the increasing demand for alternative rail services in Germany. EQT owns portfolio companies and assets in Europe, Asia-Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership. We are proud to partner with Kühne Holding, one of the leading transportation and logistics investors, and together with André and his team, we are excited to support Flix’s strategic growth agenda over the long term.