BRIEF

on Neon Equity AG (isin : DE000A3DW408)

NEON EQUITY AG sells investment in OA22 GmbH with profit in the single-digit million euro range

Frankfurt am Main, July 03, 2024 - NEON EQUITY AG, an impact investor and growth enabler, announced the sale of its 33% stake in OA22 GmbH. The transaction generated a positive earnings effect in the high single-digit million euro range. OA22 GmbH focuses on the trading, management, and development of real estate, land, and construction projects.

NEON EQUITY AG aims to sharpen its investment focus on areas such as renewable energies, sustainable mobility, infrastructure, and healthcare. As part of this strategy, the company plans additional investments in these sectors throughout the year.

Ole Nixdorff, CEO of NEON EQUITY AG, stated, "With the sale of the investment in the real estate company OA22 GmbH, we are focusing our portfolio and further sharpening our orientation as a pure play impact investor. We are confident that we will be able to make further investments in line with our focus in the coming months."

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Neon Equity AG news