Wedia is conducting exclusive negotiations with a view to the sale of the company Galilée (51% owned by Wedia). An unsolicited offer was made by DATASOLUTION, the French leader in PIM / DAM / eCommerce integration (350 people in France, APAC and the USA), and accepted by Wedia and the other shareholders of Galilée.
As a reminder, Wedia invested in Galilée at the end of 2019, with the ambition of developing the indirect distribution of the Wedia software solution.
Four years later, this collaboration has proven to be fruitful, with very good joint brands (V33, Maison Richard, Rians, Epeda, Mérinos, etc.), without however justifying the need for capital links between the publisher Wedia and the integrator. Galileo. This indirect distribution strategy, initiated with Galilée, should also be strengthened thanks to the partnership currently being discussed with DATASOLUTION.
The sale of this 51% would allow the Wedia Group (Wedia and Iconosquare) to focus on its activity as a B2B SaaS software publisher, which would then represent more than 80% of turnover, and to strengthen its investment capabilities in favor of the growth.
The transaction should be finalized at the end of December once the usual conditions precedent have been lifted.
Next meeting :
Annual turnover 2023, Thursday January 25, 2024 after market close
About Wedia (Isin: FR0010688440- ALWED) –
www.wedia-group.com
Listed on Euronext Growth, the Wedia group is an international player, leader in SaaS software and consulting dedicated to marketing and communication departments.
Through its three offers, Wedia, Galilée and Iconosquare, the Group supports its clients (marketers, communicators, e-retailers, social media managers, etc.) in the sustainability, personalization, distribution and performance measurement of their marketing content (photos, videos, product descriptions, marketing pitches, social posts, etc.).
These offers allow the Group’s various clients to simplify the organization of their marketing content, automate their distribution across different digital and physical channels and ultimately measure their effectiveness.
The Group’s high-end and innovative positioning is validated by prestigious clients (Décathlon, Royal Canin, FC Barcelona) and by leading technology analysts (Gartner and Forrester)
To serve its 5,000 customers in more than 120 countries, the Wedia group, based in France, Germany and Canada, can count on more than 150 committed employees.
The Wedia group achieved 2022 turnover of €18 million, including more than 2/3 SaaS revenues, and is driving its development with a proven mix of controlled organic and external growth.
CONTACTS
Nicolas BOUTET – CEO – [email protected]
Olivier SCHMITZ – DAF – [email protected]
Julia BRIDGER -Partner – [email protected]
About DATASOLUTION –
www.datasolution.fr
In 20 years, DATASOLUTION has become the first independent French digital agency.
With more than 360 employees for a Group turnover of €36M, at the end of 2022, the value proposition is to support the international deployment of its clients’ digital projects.
The service offering is complete: Digital transformation consulting, Graphics Studio (UX/UI), Web engineering, 24/7 outsourcing on public and private Clouds, Digital Marketing.
The integration of the Galilée agency completes our territorial network with 10 offices in France, strengthens our PIM/DAM/MDM skills/resources and completes our Digital Marketing offer with the Galilée Marketing Production platform.
This publication has the “🔒 Actusnews SECURITY MASTER” service.
– SECURITY MASTER Key:
lWhtlZxuYWnHnZ6faJ6Za2ZpmW1jm2LFZ5bKyGJvlcuanWxlymiWmZubZnFkmGdu
– To control this key:
https://www.security-master-key.com.
Regulated information:
Inside information:
– Issuer operations (acquisitions, disposals, etc.)
Full and original press release in PDF format:
https://www.actusnews.com/news/83328-2023_12_13_wedia_cession-vfinale.pdf
© Copyright Actusnews Wire
Receive future company press releases free of charge by email by subscribing to www.actusnews.com