WARSAW (CelebrityAccess) – Estonian ticketing company Piletilevi Group announced a major expansion in Poland following the acquisition of a majority stake in two Polish ticketing companies – kicket and Biletomat.
The mergers will propel Piletilevi Group to become one of the largest ticketing companies in both Poland as well as Eastern Europe, the company said.
“With this transaction, Piletilevi Group now owns a 77 percent stake in the companies being purchased, which will increase to 83.8 percent by 2026,” Sven Nuutmann, co-owner and CEO of Piletilevi Group stated.
“We now face the task of effectively connecting the companies that are being purchased and our existing company GoOut Poland, so that the best functionalities of Piletilevi Group and the new partners reach all our customers as quickly as possible,” Nuutmann said.
“A ticketing system that has uniform standards and is connected across countries will significantly improve international cultural exchange,” Nuutmann said, adding that the conditions offered to event organizers so far will remain valid even after the merger of the companies,” he added.
According to Piletilevi Group, the deals, which were signed into effect on Tuesday, were co-financed by SEB Bank and follow similar deals that included the 2023 purchase of Romania’s Bilete.ro as well as Czech market leader GoOut.net.
“Our ambitions are not limited to this and we have at present started preparations to acquire companies in two more countries,” Nuutmann said.
