The Platform Group Expands Optics Segment with Acquisition of Blickpunkt GmbH

The Management Board of The Platform Group SE & Co. KGaA announced the further expansion of its "Optics & Hearing" segment through the acquisition of Blickpunkt GmbH Brillen und Contactlinsen, located in Starnberg, Bavaria. This acquisition follows the establishment of the dedicated Optics & Hearing segment in the 2025 financial year, which was created to connect local optical stores with the MyGlasses online platform. The acquirer in this transaction was TPG's subsidiary, Feine Augenoptik Beteiligungs-GmbH, with closing expected by April 2026.

Dieter Meis, Managing Director of the Optics & Hearing segment, stated that the company has acquired an excellent location in Starnberg with strong quality and a very high-value customer base. He emphasized that together with their approach, they will further expand the foundation and leverage potential. In combination with their premium specialist stores FreudenHaus and Söhnges, they will continue to expand this line of business. This acquisition represents the latest step in TPG's expansion within the optics sector, following the acquisition of five companies comprising over 30 locations nationwide in the 2025 financial year, including Beste Aussichten GmbH, Karrasch & Nolte, and Freudenhaus Optik Handels GmbH based in Munich.

Dr. Dominik Benner, CEO of The Platform Group SE & Co. KGaA, described the entry into the optical industry as a well-considered long-term strategy. He explained that the implementation of expanding nationwide locations and linking them with online activities ensures that they are building a stable and highly profitable segment. The next step will be to integrate local opticians into the platform. The Optics & Hearing segment has been expanded by TPG since the 2025 financial year, with the segment's EBITDA margin ranging from 20-25%, indicating strong profitability potential in this sector.

The Platform Group SE & Co. KGaA is a Europe-wide operating software company active in 26 industries through its proprietary platform solutions. The Group's partner network comprises more than 16,000 partners who use the platform solutions to address both B2B and B2C customers. Industries served include, among others, the luxury portfolio, optics & hearing, furniture retail, machinery trading, dental technology, and electronics. According to preliminary figures, the Company achieved revenue of EUR 728 million in 2025, with adjusted EBITDA of EUR 55 million. More information about the company can be found at https://corporate.the-platform-group.com.