The conversion of The Platform Group AG into a German partnership limited by shares (Kommanditgesellschaft auf Aktien, KGaA) became effective upon registration with the Commercial Register at the Local Court of Dusseldorf. The Company's Annual General Meeting approved the conversion on 25 August 2025 with 99% of the votes cast, demonstrating strong shareholder support for the strategic move.
As of the registration date, the Company operates under the name The Platform Group SE & Co. KGaA (TPG). All shareholders of the former The Platform Group AG are now limited partners of the new entity. Management and representation of the Company are carried out by The Platform Group Management SE as the general partner. This structural change strengthens the Company's long-term strategic orientation, enhances its international operational flexibility, and ensures a stable ownership structure while maintaining a consistent share structure.
The legal and economic identity of the Company remains unchanged according to the Company's ad-hoc announcement dated 30 May 2025. The change in legal form will not affect shareholders' stake in the Company, with investors holding the same number of shares in SE & Co. KGaA as they did before the conversion.
In parallel with the conversion, the Company's bearer shares were converted into registered shares. This step supports The Platform Group's objective of fostering an active and constructive dialogue with its shareholders and represents a logical continuation of the conversion process and the new articles of association. As part of this transition, the Company's securities identification number (WKN) and ISIN were technically updated. The shares are expected to trade under the new WKN A40ZW8 and ISIN DE000A40ZW88 from January 2026 onward, while the trading symbol "TPG" will remain unchanged. Custodian banks will automatically implement these changes, requiring no action from shareholders.
The Platform Group SE & Co. KGaA operates as a software company active in 26 industries with its own platform solutions, serving both B2B and B2C customers in sectors including furniture retail, machinery retail, dental technology, and luxury fashion. The Group maintains 19 locations across Europe with headquarters in Dusseldorf, achieving sales of EUR 525 million with an operating result (EBITDA adjusted) of EUR 33 million in 2024.
For business and technology leaders, this conversion represents a significant corporate governance development with implications for international expansion strategies. The KGaA structure provides enhanced operational flexibility for European companies seeking to navigate cross-border regulations while maintaining shareholder alignment. The transition to registered shares facilitates improved investor communication and transparency, which could become increasingly important as regulatory requirements evolve across global markets. The Platform Group's continued growth across multiple industries demonstrates how platform solutions can scale across diverse sectors, offering insights for technology companies considering similar structural adaptations to support international ambitions.
