The Düsseldorf-based e-commerce group The Platform Group AG has expanded its portfolio in recent months through numerous acquisitions. On Tuesday, the company announced that it plans to continue its shopping spree next year.
For 2025, “further acquisitions are planned and an M&A pipeline is being created,” explained The Platform Group. The company is already conducting “various pre-contractual discussions” in this context. The group estimated the corresponding investment volume for the coming year at “at least 30 to 40 million euros”. To finance future purchases, a “possible increase in the existing 2024 corporate bond” is currently being examined.
In the current year, the group reported nine acquisitions, eight of which have already been completed. The group recently announced the acquisition of a majority stake in the financial platform Firstwire. The investment volume for acquisitions has so far amounted to 37 million euros in 2024, explained The Platform Group.