Flix has announced the acquisition of a majority share of Flibco, a European airport transfer-platform currently owned by the Luxembourg company SLG (formerly Sales-Lentz Group).
The transaction will enable Flix to expand further into the airport-shuttle segment whilst facilitating Flibco’s overall growth, with SLG set to remain a minority shareholder and strategic partner.
Flix will utilise Flibco’s existing network to scale its dedicated airport connections, expanding its portfolio beyond intercity long-distance travel.
Thus far, the company has launched airport-shuttle services in a number of markets, including Sweden.
André Schwämmlein, Flix CEO said:Over the years, we have learned that customers are looking for reliable and affordable ways to get to and from airports – not just between cities. This investment allows us to expand into the airport shuttle segment in a targeted way.
Flibco has built a strong business in a fragmented market, and we see clear potential to scale it further by leveraging Flix’s platform, technology and reach.
Customers will be able to continue booking airport-shuttle tickets directly via the Flibco website, with future routes also set to be available on the Flix platform.
Moving forward, both Flibco’s management team and employees will remain in place, with the company set to continue operating from its headquarters in Luxembourg under CEO Tobias Stüber.
Tobias Stüber, CEO Flibco said:The partnership with Flix marks the next milestone in Flibco’s successful growth story. We share the same vision of making affordable and sustainable mobility accessible to everyone.
By combining Flibco’s innovative strength and operational excellence with Flix’s global network, we will expand into new markets faster than ever before. At the same time, we remain committed to offering our passengers a fully digital, comfortable and reliable travel experience - from booking to arrival at the terminal.
