ProSiebenSat.1 sells Verivox to Moltiply

Verivox changes hands: ProSiebenSat.1 sells the digital grow-up to the Moltiply Group, streamlining its Group structure.

Unterföhring, March 2025 - ProSiebenSat.1 has reached an agreement to sell Verivox to Moltiply Group S.p.A.. The transaction is expected to close on the same day. The aim of the sale is to focus the company more strongly on the entertainment sector and to strengthen its financial base.

Verivox has developed strongly under our majority shareholding. We are convinced that Moltiply is the right partner for further expansion.

Martin Mildner, CFO of ProSiebenSat.1

Sale details and financial implications

The sale of Verivox is for an equity value of EUR 232 million. In addition, an earn-out component of up to EUR 60 million was agreed, which is linked to defined earnings targets for the financial year 2025. Through the sale and additional disposals of investments from the SevenVentures portfolio, ProSiebenSat.1 will reduce its net debt by more than EUR 250 million. The funds will be used for the early repayment of loan liabilities.

We look forward to working with Moltiply and continuing our success story.

Daniel Puschmann, CEO of Verivox

Verivox - a digital grow-up from Germany

Verivox is one of the best-known comparison portals in Germany and offers consumers the opportunity to compare and switch tariffs for energy, telecommunications, insurance and finance. Since its foundation, the company has developed into a true digital grow-up that provides millions of customers with independent information. Thanks to its data-driven services and strong brand, Verivox has become one of the most important players in the digital comparison platform sector.

Verivox is a strong brand with a consumer-centric approach, which we value highly.

Marco Pescarmona, Chairman Moltiply Group

ProSiebenSat.1 becomes sole owner of NuCom Group (without flaconi) and ParshipMeet Group

As part of the reorganization, ProSiebenSat.1 has reached an agreement with General Atlantic to acquire the latter's minority interests in NuCom Group (excluding flaconi) and ParshipMeet Group. The consideration includes a cash component of EUR 10 million, the transfer of 5.9 million treasury shares and a participation of General Atlantic in the exit proceeds of EUR 50 million.

ProSiebenSat.1 is sticking to its plans to sell flaconi and will decide on the sale alone in the future. General Atlantic will hold its 28.4 percent stake in flaconi directly, while ProSiebenSat.1 will retain a majority stake of 71.6 percent.

Financial outlook for 2025 to be adjusted

Due to the sale of Verivox, ProSiebenSat.1 is adjusting its financial outlook for 2025. Group revenues are now expected to amount to around EUR 3.85 billion (previously: EUR 4.00 billion) and adjusted EBITDA to EUR 520 million (previously: EUR 550 million). The Group plans to continue investing in digital entertainment and local content. Bert Habets, CEO of ProSiebenSat.1, emphasized: "The sale of Verivox and the acquisition of the minority stake mark an important step in our strategic focus on entertainment. The agreements give us full flexibility for further divestitures outside our core business."