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Alyrick BV meets takeover bid requirements for Smartphoto Group NV Acquisitions News 

Alyrick BV meets takeover bid requirements for Smartphoto Group NV

GaryPageau ,
Smartphoto group NV announced Alyrick BV revealed the results of the reopened period of its mandatory public takeover bid in cash for all outstanding shares in Smartphoto not already held by Alyrick or its affiliates. The mandatory reopening of the Bid commenced on 26 May 2025 and ended on 16 June 2025.  During the mandatory reopening of the Bid, 134,452... Read More
Alyrick BV brings total holdings of Smartphoto Group to 73% after initial offering Acquisitions News 

Alyrick BV brings total holdings of Smartphoto Group to 73% after initial offering

GaryPageau ,
Smartphoto group NV announced Alyrick BV revealed the results of the initial acceptance period of its mandatory public takeover bid in cash for all outstanding shares in Smartphoto not already held by Alyrick or its affiliates. During the initial acceptance period, 706,665 shares in Smartphoto were offered in the bid (or a total of 17.93% of the number of outstanding... Read More
Alyrick BV launches its mandatory public takeover bid  on smartphoto group NV Acquisitions News 

Alyrick BV launches its mandatory public takeover bid  on smartphoto group NV

GaryPageau ,
Smartphoto group NV announces Alyrick BV is launching its previously announced mandatory public takeover bid for all shares in Smartphoto not already held by Alyrick or its affiliates. Back in March, the Smartphoto board of directors has taken note of the sale by shareholders Shopinvest NV and De Vleterbeek NV of their respective shareholdings in smartphoto group NV (amounting to 18.24% in total) to Alyrick BV... Read More
Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid Earnings reports 

Smartphoto group sales go up in fiscal 2024 but earnings decline due to targeted investments, faces takeover bid

GaryPageau ,
Belgium-based e-commerce leader Smartphoto group reported an increase in revenue to 80.5 million euro in 2024 thanks to a strong second half and an even stronger last quarter. This growth of 4.0% (or 3.1 million euro) was achieved in a challenging economic environment, with continued pressure on consumer spending and market uncertainties. The company also revealed that Alyrick announced the... Read More
Smartphoto group reports reports 4% increase in revenue for full-year 2024 Earnings reports 

Smartphoto group reports reports 4% increase in revenue for full-year 2024

GaryPageau
Smartphoto group, the e-commerce group from Wetteren, Belgium, realized an increase in revenue to 80.5 million euros in 2024, thanks to a strong second half and an even stronger last quarter. This growth of 4.0% (or 3.1 million euro) was achieved in a challenging economic environment, with continued pressure on consumer spending and market uncertainties, the company said. The smartphoto... Read More
Smartphoto group acquires System Insight Holdings Acquisitions 

Smartphoto group acquires System Insight Holdings

GaryPageau , ,
Smartphoto group, the Belgian e-commerce group and personalized photography products and gifts company, announced the acquisition of System Insight Holdings, a well-established U.K. company specializing in event and souvenir photography under the commercial name Image Insight. With this acquisition, smartphoto adds a valuable new component to its growing B2B division, strengthening our commitment to capturing and preserving life’s most memorable... Read More
Smartphoto group shows resilience with growth in 2023 Earnings reports News 

Smartphoto group shows resilience with growth in 2023

GaryPageau
Wettern, Belgium-based Smartphoto group released preliminary results for the full year 2023. The company realized an increase in revenue to 77.3 million euro in 2023, an increase of 1.4% (or 1.0 million euro) was achieved in a year that company management characterized as”very difficult economic conditions, due to, among other things, the continuation of the war in Ukraine, the return... Read More