EQT and Kühne Holding Invest in Flix, New Supervisory Board Members Appointed
Travel tech company Flix has finalized an investment from EQT and Kühne Holding, who together acquired a 35% minority stake. The company also appointed two new members to its Supervisory Board.
Flix SE, a global travel technology company, announced the successful closing of an investment from EQT and Kühne Holding. The investment sees EQT and Kühne Holding jointly acquire a 35% minority stake in Flix. This capital injection is intended to strengthen the company's balance sheet and support its continued profitable growth.
In parallel with the investment, Flix also announced changes to its Supervisory Board. Andreas Aschenbrenner from EQT and Dominik de Daniel from Kühne Holding have been appointed as new members. According to Flix, these individuals bring significant expertise in managing global technology-oriented businesses.
"I am very happy to welcome Andreas Aschenbrenner and Dominik De Daniel, with their proven expertise bringing great added value to our strategic work and daily operations," said Bodo Uebber, Chairman of the Supervisory Board. The company also thanked Marianne Heiss and Monique Meche for their contributions as they depart the board.
Founded in 2013, Flix operates in the long-distance bus and train travel sector across more than 40 countries. The company utilizes an asset-light business model and a technology platform to manage network planning, pricing, and operations, while partners conduct daily operations. Flix aims to provide sustainable and affordable travel options.