ad pepper media International N.V. (XTRA:APM) agreed to acquire a 25.64% stake in Solute Holding Gmbh & Co. Kg for ?3.7 million on October 2, 2023. The consideration will be paid through 1,693,244 new shares in ad pepper media International.

Alexander Schott, Thorsten Kuthe and Sven Radke of Heuking acted as legal advisor to ad pepper media International on the transaction.