Newsroom Press Releases

28. November 2024

Flix announces successful closing of investment from EQT and Kühne Holding – new Supervisory Board members appointed

+++ Closing actions for EQT and Kühne Holding investment into Flix have been successful

+++ Andreas Aschenbrenner and Dominik de Daniel join Flix’s Supervisory Board

+++ Both bring proven expertise in managing global tech-oriented businesses

Flix SE (“Flix” or the “Company”), the global travel tech company, today announced the successful completion of all closing actions related to the EQT and Kühne Holding into Flix. EQT, the global investment organization, together with Kühne Holding, representing one of the world’s leading logistics entrepreneurs and investors, acquired a 35% minority stake in Flix. This investment will further strengthen Flix’s balance sheet and help accelerate the Company’s successful trajectory of profitable growth.

 

Flix also announced the new line-up of its Supervisory Board. In addition to its existing Supervisory Board members Bodo Uebber (Chairman, independent), Jochen Engert (Deputy Chairman, Flixfounders), Christoph Jung (HV Capital), Stefan Dziarski (Permira), John Doran (TCV) and Jörn Nikolay (General Atlantic), two new members, Andreas Aschenbrenner (EQT) and Dominik de Daniel (Kühne Holding), were appointed. At the same time, Monique Meche (independent) and Marianne Heiss (independent) leave the Supervisory Board as of now.

 

“Flix’s Executive Board can count on a strong Supervisory Board with lots of experience and professional knowledge. 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,” says Bodo Uebber, Chairman of the Supervisory Board. “I also want to thank Marianne Heiss and Monique Meche for their great contribution over the last year and a half.”

 

“With EQT Future and Kühne Holding we have strong partners that foster our profitable growth strategy. I am very much looking forward to the collaboration with Andreas and Dominik and I’m sure they will help us to successfully deliver our ambitious goals,” adds André Schwämmlein, Co-Founder and CEO of Flix.

 

Andreas Aschenbrenner

 

Andreas Aschenbrenner, Founding Partner and Deputy Head of the EQT Future advisory team, joined EQT Partners in October 2014. He is currently also a member of SHL Medical’s board of directors. Prior to joining EQT Partners, he worked at The Boston Consulting Group (BCG) as Partner & Managing Director for 14 years in Munich and Stockholm, where he was a core team member of BCG’s Industrial Goods and Corporate Finance practice. Additionally, he was part of BCG’s global management team in Industrial Goods and held various management positions.

 

Dominik de Daniel

 

Dominik de Daniel, a qualified banker, joined Kühne Holding as CEO in April 2024. He spent more than 20 years as Chief Financial Officer (CFO) in various listed companies and was responsible for additional operational tasks. Most recently, de Daniel was Chief Financial Officer at the Swiss goods inspection group SGS Société Générale de Surveillance SA. He brings a vast amount of experience in managing global tech-oriented businesses.

About Flix

Flix intends to transform the public transport sector by offering sustainable and affordable long-distance bus and train travel solutions in more than 40 countries across four continents. With its asset-light business model and innovative technology platform, Flix, launched in 2013, swiftly established market-leading positions for long-distance bus travel in Europe, North America and Türkiye and is rapidly expanding further into South America and India through its brands FlixBus, FlixTrain, Kamil Koç, and Greyhound.

 

Driven by increased awareness for sustainable travel, Flix aims to become carbon neutral in Europe by 2040 and globally by 2050. To assess its progress within a scientifically recognized framework, Flix established near-term targets for emissions reduction with the Science Based Targets initiative.

 

While Flix manages the commercial side of the business such as network planning, pricing, operations control, marketing and sales, quality management and continuous product development with a data-driven approach, trusted Flix partners conduct the daily operations. The innovative combination of Flix’s technology and sales platform with traditional passenger travel has turned a European start-up into a leading and globally expanding travel tech company.

 

For more information, please visit corporate.flix.com