Announced
Synopsis
EQT, a Swedish global investment organization, and Kühne, representing one of the world’s leading logistics entrepreneurs and investors, agreed to acquire a 35% stake in FlixBus, a German brand that offers low-cost intercity bus. Financial terms were not disclosed. "We are delighted to welcome EQT Future and Kühne as strong and purpose-driven investors with proven track records of building upon sustainable long-term investment strategies. Their capital and know-how will be a strong asset to our company's overall strategic vision. We couldn’t ask for better partners to embark on the next chapter of Flix’s journey," André Schwämmlein, Flix CEO and Co-Founder.
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