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TX Group, Ringier, la Mobilière and General Atlantic form joint venture to create leading digital marketplace group

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TX Group, Ringier, la Mobilière and General Atlantic form joint venture to create leading digital marketplace group

Press release of our shareholders of August 31st 2021:

The merger of TX Markets and Scout24 Schweiz’s online marketplaces will form a leading Swiss group spanning the real estate, vehicle, financial services and general marketplace sectors. The joint venture will create one of the largest digital companies in Switzerland. All involved parties will hold minority interests in the joint venture. The independent group will pursue the medium-term goal of going public.

The press release is available for download in the attachment.

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Press contacts

Daniel de Carvalho

Daniel de Carvalho

Press contact Group Director Corporate Communications +41 31 744 12 42

Scout24 Schweiz AG (www.scout24.ch) is the leading Swiss network of online marketplaces.

Scout24 Schweiz AG (www.scout24.ch) is the leading Swiss network of online marketplaces and is one of the largest Internet companies in Switzerland. As a partner for life decisions, Scout24 includes platforms from the fields of vehicles (www.autoscout24.ch, www.motoscout24.ch), real estate (www.immoscout24.ch), small advertisements (www.anibis.ch), and financial and insurance topics (www.financescout24.ch). The company is owned by Ringier AG (50%) and the Swiss insurance group la Mobilière (50%).

Scout24 Schweiz AG
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