Alyrick BV acquires 100% in Smartphoto Group NV

Alyrick BV has completed its previously announced 100% acquisition of Smartphoto Group NV, resulting in the delisting of the personalized products and gifting company from the Euronext Brussels exchange. After the initial bid was reopened after the first round did not meet the minimum percentage, the mandatory reopening garnered Alyrick and its related partners (Alychlo NV, Cecan NV and Smartphoto) a total of 96.79% of the shares outstanding on 16 June 2025.

The company held a “simplified squeeze-out bid” through July 9 to acquire the remaining shares. A total of 105,268 Smartphoto shares were additionally tendered. All Smartphoto shares not tendered before the end of the acceptance period of the squeeze-out bid will be deemed transferred to the Alyrick by law.