The Platform Group AG Expands with Herbertz GmbH Acquisition

The Platform Group AG announced its second acquisition of 2025 with the purchase of Herbertz GmbH, solidifying its position in the outdoor products sector. Founded in 1868, Herbertz specializes in outdoor products like knives and navigation devices. The acquisition was unexpected, as Herbertz was not listed in TPG’s initial M&A plans for Q1 2025.

The acquisition is anticipated to close in early March. Though the purchase price remains undisclosed, estimates suggest a range between €2 million and €3 million, based on expected revenue and EBITDA margins. This strategic move aligns with TPG’s plan to pursue three additional acquisitions in Q1.

This activity supports a steady stream of positive developments for TPG, as confirmed by First Berlin Equity Research’s analyst Alexander Rihane, who reiterates a 'Buy' rating with a stable target price of €17.00.