Ad-hoc News

Bitcoin Group SE acquires 100% stake in Tremmel Wertpapierhandelsbank GmbH

Herford, November 12,2018 – Bitcoin Group SE announces that today it has notarized the acquisition of 100% of the shares of Tremmel Wertpapierhandelsbank GmbH, based in Frankfurt, Germany. The purchase price is in the lower seven-digit euro range. The transaction is subject to the condition precedent of approval by the relevant regulatory authorities. Closing of the transaction is expected for the first half of 2019.

In addition, Bitcoin Group SE will significantly strengthen the equity of Tremmel WertpapierhandelsbankGmbHby granting a subordinated loan.

Tremmel Wertpapierhandelsbank GmbH, founded in 2003, is a company supervised by the German Federal Financial Supervisory Authority ("BaFin") with the license to provide banking and financial services.



IR Newsletter

Subscribe to our investor newsletter and stay informed!

We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.