Learnd SE Sells Majority Stake in learnd Ltd. in Management Buy-Out

learnd SE announced the sale of a 50.5% majority stake in its subsidiary, learnd Ltd., as part of a management buy-out. The transaction, involving learnd Arrow Limited, values learner Ltd. at EUR 48.5 million. learnd SE will receive EUR 10.5 million alongside an additional EUR 10.8 million from settled intra-group loans. This sale results in learnd SE retaining a minority stake of 49.5% in learnd Ltd.

The management buy-out involves John Clifford and Simon Wood, former management board members. Additionally, Gisbert Rühl, the former chairman of the supervisory board, has been appointed as the sole member of the management board. The supervisory board is now chaired by Johann Stachow.

The proceeds from the sale will be used primarily for debt repayment and distribution to shareholders. The transaction awaits clearance under the UK National Security and Investment Act, expected by October 2, 2025.