EQS-News

EasyMotionSkin Tec AG grows into a new dimension / General Meeting approves acquisition of milon Holding by means of a capital increase through contributions in kind

EQS-News: EasyMotionSkin Tec AG / Key word(s): Capital Increase EasyMotionSkin Tec AG grows into a new dimension / General Meeting approves acquisition of milon Holding by means of a capital increase through contributions in kind 25.09.2023 / 10:14 CET/CEST The issuer is solely responsible for the content of this announcement. EasyMotionSkin Tec AG grows into a new dimension / General Meeting approves acquisition of milon Holding by means of a capital increase through contributions in kind

 

• EasyMotionSkin significantly enhances its market position as a holistic provider of health solutions with the acquisition of the milongroup
• The milongroup with its strong trademarks milon and FIVE is excellently positioned as a specialist for high-quality, highly digitalized fitness equipment in the B2B segment
• The milongroup has a market share of approx. 47 % in the current target segment
  in the D-A-CH region
• Extensive growth potential of EasyMotionSkin and the milongroup through cross-selling, the development of new customer groups, internationalisation and digitalisation
• Strong financial figures of the new group: Profitable sales revenues milongroup 2022: CHF 29.4 million / Profitable pro forma sales revenues EasyMotionSkin Group 2022: CHF 9.8 million.

 

Vaduz, 25.09.2023 – The shareholders of EasyMotionSkin Tec AG ("EasyMotionSkin", ISIN: LI114715831, m:access) have paved the way for the company's growth into a new economic and strategic dimension at today's extraordinary General Meeting. The capital represented at the General Meeting unanimously approved the planned increase of the company's share capital from CHF 1.00 million to CHF 2.92 million through the issuance of 19.2 million new bearer shares. The new shares will be subscribed by Maponos Holding AG, which in return will contribute all shares of milon Holding GmbH to EasyMotionSkin Tec AG. The transaction is based on a confirmed expert valuation of milon Holding of CHF 112 million. Maponos Holding will hold approximately 88 percent of the shares of EasyMotionSkin after registration of the capital increase through contributions in kind.