SMG Swiss Marketplace Group Initiates IPO Book-Building

The SMG Swiss Marketplace Group, established by TX Group and partners in 2021, has commenced the book-building process for its anticipated IPO. This announcement comes as the group sets an expected share price range between CHF 43.00 and CHF 46.00. Estimated market capitalization is projected between CHF 4.2 billion and CHF 4.5 billion.

The IPO is projected to occur around September 19, 2025. Notably, TX Group, owning a 30.7% stake in SMG, will retain its shares, opting not to sell in this offering. The SMG conglomerate includes subsidiaries like Homegate, Ricardo, and Tutti, enhancing its marketplace presence.

For more details, stakeholders and interested parties can visit the SMG website. Urs Fehr, handling Communications & Investor Relations, is the point of contact for inquiries.