mobilezone holding ag (SWX:MOZN) agreed to acquire Digital Republic on December 22, 2022. Digital Republic cofounders Ali Soy and Marco Arnold will continue to manage the team within the mobilezone Group. For the 2022 financial year, the profitable company expects revenues of CHF 4.5 million. The purchase price will be financed from the company's own funds and using existing credit lines. The transaction is expected to close in the beginning of January 2023. KPMG AG, Schweiz, Corporate Finance Division acted as financial advisor to Digital Republic AG. Alexander Fischer,Mario Kumschick, Eva-Maria Strobel,Julia Schieber and Matthias Trautmann of Baker & McKenzie (Zurich) acted as legal advisor to Digital Republic.


mobilezone holding ag (SWX:MOZN) completed the acquisition of Digital Republic AG January 6, 2023. In a related transaction, mobilezone holding also completed the acquisition of SIGA exchange GmbH.