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Swiss Marketplace Group Lists on SIX Swiss Exchange
The Swiss Marketplace Group (SMG), a joint venture owned by TX Group, Ringier, Mobiliar, and General Atlantic, has successfully listed on the SIX Swiss Exchange. The IPO, which took place in 2025, provided the company with greater financial flexibility and increased brand visibility.
The issue price for each share was CHF 46.00, and the placement volume, excluding the over-allotment option, amounted to around CHF 903 million. A total of 19,629,040 existing shares were offered in the IPO, and the company's issued and outstanding share capital consists of 98,145,200 registered shares.
Following the listing, the shares opened at CHF 48.25 each, marking a strong start for the publicly traded company. The listing on SIX also signifies a significant step in the growth of SMG Swiss Marketplace Group.
Established in 2021, the company has quickly established a prominent presence in Switzerland through platforms including Homegate, ImmoScout24, AutoScout24, Ricardo, tutti.ch, and FinanceScout24. As a result, it boasts a market capitalisation of approximately CHF 4.7 billion.
Christoph Tonini, the CEO of SMG Swiss Marketplace Group, expressed pride in being listed on SIX and looked forward to the opportunities that come with being a public company. SIX, the Swiss Exchange, congratulated the company on this important milestone and wished them continued success.
Tomas Kindler, Global Head Exchanges at SIX, commented on the listing, highlighting the strength of Switzerland's digital economy and the attractive growth opportunities it provides. From September 22, SMG Swiss Marketplace Group will be included in the Swiss Performance Index family, offering additional liquidity options for its shareholders.
With this listing, SMG Swiss Marketplace Group will undoubtedly continue to grow and innovate in the digital marketplace, providing valuable services to its users and generating strong returns for its shareholders.
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