Bechtle AG (XTRA:BC8) acquired 51% stake in Planet Ai Gmbh on October 2, 2023. Planet AI's leadership team, including its founders, will remain aboard the company following a slight reshuffle that saw Jesper Kleinjohann take the helm as Planet AI's CEO, replacing Hagen Wustlich who will switch to the company's advisory board. Welf Wustlich will continue in his role as CTO. Bechtle has a call option to acquire the remaining 49% of shares in the company. For FY 2022, Planet Ai had revenue of ?3.1 million. Hans Günter Wolf, Fatih Ünal, Wali-Irfan Mahmood and Roman Dück of B. Metzler GmbH acted as financial advisor and CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern mbB acted as legal advisor for PLANET AI GmbH. Osborne Clarke acted as legal advisor for Bechtle AG.

Bechtle AG (XTRA:BC8) completed the acquisition of 51% stake in Planet Ai Gmbh on October 2, 2023.