The Platform Group AG: Acquisition of the Aplanta platform

EQS-News: The Platform Group AG / Key word(s): Investment/Takeover
The Platform Group AG: Acquisition of the Aplanta platform

25.06.2024 / 14:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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The Platform Group AG: Acquisition of the Aplanta platform

Düsseldorf, 25 June 2024. The Platform Group AG (ISIN DE000A2QEFA1, "TPG"),
a leading software company for platform solutions, has acquired the majority
in the plant platform Aplanta.

Johannes Osterwind, CEO of Aplanta: "For the further scaling and
international growth of Aplanta, TPG is our preferred partner. We want to
develop Aplanta into the leading European platform for artificial plants. A
market that is growing strongly every year and where there are hardly any
digital players in Europe."

Aplanta was founded in 2022 and focuses on artificial plants and artificial
trees with B2B and B2C customers in Europe. The existing B2B customers are
from the hotel, restaurant, office, and event sectors, among others. The
company is based in Eltville, Hesse.

Dr. Dominik Benner, CEO of The Platform Group AG: "With the acquisition of
Aplanta, we are entering a new industry with a global turnover of EUR 1.7
billion and are connecting new partners profitably with the platform. The
aim is to expand the platform to include further segments in the plant
sector, increase the number of partners, and implement TPG's software
solutions."

The transaction was signed in June 2024 and closing is expected in July
2024. The parties have agreed not to disclose the purchase price.

The Platform Group AG:

The Platform Group AG is a software company that is active in 22 sectors
with its own platform solutions. Its customers include both B2B and B2C
customers in sectors such as furniture retail, machinery retail, dental
technology, car platforms, and luxury fashion. The Group has 16 locations
across Europe and is headquartered in Düsseldorf. Over 24 investments and
company acquisitions have been made since 2020. In 2023, pro-forma sales of
EUR 441 million and an operating result (adjusted EBITDA) of EUR 22.6
million were realized.

Contact:

Investor Relations
Reinhard Hetkamp, CFO and Head of IR
ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany
corporate.the-platform-group.com


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25.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        The Platform Group AG
                   Schloss Elbroich, Am Falder 4
                   40589 Düsseldorf
                   Germany
   E-mail:         ir@the-platform-group.com
   Internet:       https://the-platform-group.com/
   ISIN:           DE000A2QEFA1
   WKN:            A2QEFA
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1932697

End of News EQS News Service
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1932697 25.06.2024 CET/CEST