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comerzzia Strengthens Its Commitment to the Hospitality Sector by Increasing Its Stake in Nextt
Comerzzia Secures an Additional 12% of Capital, Becoming the Majority Shareholder.
In a strategic move that underscores its commitment to the hospitality sector, Comerzzia, a subsidiary of the Tier1 Group, has announced the acquisition of an additional 12% stake in Nextt, thus securing a majority share in this Catalan company specialized in technological solutions for the HORECA sector.
Having previously acquired 40% in September 2023, Comerzzia exercised the option to purchase an additional 12%, achieving a majority stake of 52%. The remaining 48% is still held by the founding partners, who are also executives of the company. This transaction, outlined in the original agreement with a one-year execution window, was completed in just five months due to the successful integration of the company and the growing synergy between the two businesses. The transaction was completed in two phases: a direct purchase of 6% of the shares from the founding partners and a capital increase of the same percentage, fully subscribed by Comerzzia.
This strategic move reinforces Comerzzia's focus on the hospitality sector, demonstrating its commitment to driving innovation and providing solutions that meet the changing needs of the market. With this, Comerzzia reaffirms its role as a key player in the digital transformation of the Hospitality industry, marking a significant milestone in its journey and that of the Tier1 Group.
Nextt is a benchmark in the HORECA sector, offering a well-established product with cutting-edge technology and personalized quality service. Now, it approaches the market with a broader portfolio thanks to Infrastructure and IT Operations services from the Group. This new operation further strengthens its financial and management position, enabling it to undertake strategic business investments and complete its R&D to boost growth.