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HighCo Finalizes Sale of High Connexion Subsidiary

Published 4 weeks ago2 minute read
HighCo Finalizes Sale of High Connexion Subsidiary

HighCo, a company specializing in marketing and communication, has officially announced the completion of the sale of its 51% stake in High Connexion. The buyers are a group of investors, including Albarest Partners and Guillaume Guttin. This strategic divestment, finalized on June 5, 2025, in Lyon, follows the fulfilment of all precedent conditions.

The proceeds from this sale will be utilized to distribute an exceptional interim dividend of €1.00 per share to HighCo's shareholders. The payment for this dividend is scheduled for September 5, 2025, with an ex-dividend date of September 3, 2025. This transaction aligns with HighCo's strategic objective to accelerate the development of its core business operations, which are structured into its two key divisions: Activation, and Consulting & In-store media selling.

In 2025, HighCo Group intends to continue its trajectory of growth, pursue further investments, and drive its innovation policy, particularly within its Activation division. Didier Chabassieu, Chairman of the Management Board, reflected on the significance of this deal, stating, “High Connexion is an adventure co-created with Bruno Laurent that started back in 2008 to support the emergence of mobile marketing in France. After 15 years of success, this disposal demonstrates the Group’s ability to make strategic investments, develop innovative startups, create value and reward its shareholders.”

HighCo describes itself as an expert in marketing and communication, supporting brands and retailers in accelerating the transformation of retail. The company is listed in compartment C of Euronext Paris and is eligible for SME equity savings plans (“PEA-PME”). Employing nearly 450 individuals, HighCo has also been recognized with a Gold rating from EcoVadis, signifying its position in the top 5% of companies for Corporate Social Responsibility (CSR) performance and responsible purchasing.

The company has also outlined its schedule for upcoming financial communications, including the release of Q2 2025 and H1 2025 Gross Profit on July 22, 2025, H1 2025 Earnings on September 10, 2025, and Q3 2025 and 9-month YTD 2025 Gross Profit on October 15, 2025. HighCo is a constituent of several stock market indices, including CAC Small (CACS), CAC Mid&Small (CACMS), CAC All-Tradable (CACT), Euronext Tech Croissance (FRTPR), and Enternext PEA-PME 150 (ENPME).

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