SHS Viveon AG Announces Merger with Sidetrade AG

On July 2, 2025, SHS Viveon AG, a German IT consulting firm specializing in telecommunications, announced a significant corporate development. The company has entered into a merger agreement with Sidetrade AG, a Frankfurt-based firm. This merger involves SHS Viveon AG transferring its entire assets to Sidetrade AG through a process known as a “merger by absorption,” as outlined in German corporate law under §§2 Nr.1, 60 ff. UmwG.

Key Details of the Merger

• Date of Agreement: The merger contract was signed on July 2, 2025.
• Legal Framework: The merger is conducted under the provisions of the German Transformation Act (Umwandlungsgesetz) and the German Stock Corporation Act (Aktiengesetz).
• Regulatory Compliance: The announcement complies with §62 Abs.5 UmwG i.V.m. §§327a ff. AktG, which pertains to the squeeze-out process in mergers.
• Restrictions: The announcement is not intended for direct or indirect publication or distribution in the United States, Australia, Canada, Japan, or any jurisdiction where such dissemination is prohibited.

Background on SHS Viveon AG

SHS Viveon AG operates primarily in the telecommunications sector, offering services such as billing system integration, network planning, and optimization of customer and sales processes. The company is listed on the Frankfurt Stock Exchange and has a presence in Germany, Spain, France, and Italy.

Merger Process

The Sidetrade AG initiated the merger process by submitting a request to the SHS Viveon AG board on April 11, 2025, to convene a general meeting to discuss the asset transfer. This step is a prerequisite for the merger under German law, ensuring that shareholders are informed and can participate in the decision-making process.

Implications for Stakeholders

The merger is expected to enhance Sidetrade AG’s capabilities in the IT services sector, particularly in telecommunications. For SHS Viveon AG shareholders, the merger represents a strategic consolidation that could potentially lead to increased market presence and operational efficiencies.

Conclusion

This merger marks a significant development in the IT services industry, reflecting ongoing consolidation trends. Stakeholders are advised to await further announcements regarding the general meeting and the finalization of the merger process.