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on SNP Schneider-Neureither & Partner AG (isin : DE0007203705)

SNP's Strategic Shift with Carlyle Collaboration

Stock price chart of SNP Schneider-Neureither & Partner AG (EBR:SHF) showing fluctuations.

In a significant move, SNP Schneider-Neureither & Partner SE held its Annual General Meeting, signaling a new phase of growth. Central to this was the ratification of a control and profit transfer agreement with Succession German Bidco GmbH, part of the Carlyle Group, endorsed by over 97% of voting shareholders.

The meeting also saw leadership changes on the Supervisory Board. Willi Westenberger and Michael Wand replaced Thorsten Grenz and Karl Benedikt Biesinger, who stepped down as planned. Westenberger now chairs the board, with Wand as Deputy Chairman.

Jens Amail, SNP's CEO, expressed gratitude to the outgoing board members and optimism for future progress with Carlyle’s involvement. Such alliances are expected to bolster SNP’s foothold in the digital transformation and data management sectors, particularly within SAP environments.

R. P.

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