Those too Porsche SE buys into Flix. Together with the financial investor EQT, Kühne Holding and other partners, around 35 percent of the shares in the long-distance bus and train operator have been secured, the major Volkswagen shareholder announced on Monday. Porsche is investing a low double-digit million amount for this.
Sustainable and affordable mobility offers have great growth potential, said Lutz Meschke (58), board member for investment management at Porsche SE. “Flix is an impressive success story,” says Meschke. The investment with EQT exemplifies “our approach to working with world-leading investors to implement our investment strategy.”
The entry of logistics billionaire Klaus-Michael Kühne (87) and EQT into Flix had already become known at the beginning of July. Due to the commitment of the investors, an IPO of the bus and train company is initially no longer necessary. As manager magazine reported
, the transaction came about on the initiative of Andreas Aschenbrenner (53), German partner at the Swedish investment fund EQT, and Karl Gernandt (63), chairman of the board of directors of Kühne Holding AG.