lodgyslife ag: Acquisition Azur Group Financial Media

Frankfurt am Main (pta011/05.12.2023/10:00 UTC+1)

lodgyslife Group continues its growth with the acquisition of German AZUR Freizeit GmbH and the signing of a substantial revolving credit facility

Frankfurt am Main, 5 December 2023 - lodgyslife AG (WKN: A2LQ71, ISIN: DE000A2LQ710) becomes one of the largest campsite groups in the German-speaking region with the acquisition of AZUR Freizeit GmbH, Stuttgart. Concurrently, the company has successfully signed a significant revolving credit facility, reinforcing its commitment to further growth.

Frankfurt-based lodgyslife Group is set to acquire AZUR Freizeit GmbH along with five attractively located campsites, comprising approximately 1600 pitches and 72 cabins. These campsites, situated in the sought-after tourist regions of Bavaria and Baden-Württemberg in southern Germany, will continue to operate under the well-established AZUR brand, which will be retained and expanded. The existing workforce will be retained, showcasing lodgyslife's dedication to fostering a seamless transition. Already the owner of Camping Lodge, a leading Swiss camping brand, lodgyslife AG is poised to become one of the major players in the German-speaking campsite market. The Rio Vantone campsite at Lake Idro in Italy is not part of this transaction.

"With the acquisition of the AZUR Camping group in Germany, we are solidifying our position in the strategically important German camping market," says René Müller, co-founder of the Group, "Camping's popularity has been on the rise, experiencing strong secular growth over many years, not just in response to recent global events such as the pandemic. It is an integral part of the outdoor megatrend, as evidenced by the consistently high number of overnight stays at German campsites."

The addition of the AZUR campsites in Altmühltal (Kipfenberg), Regensburg, Auwaldsee (Ingolstadt), Wertheim and Sonnenbühl in the Swabian Alps, expands lodgyslife AG's portfolio to a total of twelve campsites, all strategically located. Backed by Swiss entrepreneurs Jan Vyskocil and René Müller, the company currently stands as the fastest-growing entity in the camping industry. In Switzerland, the Camping Lodge brand achieved a leading position in just three years, experiencing a 27% increase in overnight stays last year and an 18% increase as of the end of September 2023, surpassing the market average by 14%.

"I am very happy that the financially strong lodgyslife Group is taking over my company," says Oliver Frank, Managing Director and owner of AZUR. "The company has set a new future-oriented standard in the camping market, as demonstrated under the Camping Lodge brand in Switzerland. The innovative concept and clear focus on guest satisfaction, quality and sustainability has completely convinced me. The same goes for the very fair and respectful approach of the two main shareholders Jan Vyskocil and René Müller," Frank continues. The long-term leader of AZUR will provide advisory support during the transition for a few more months.

Expressing pride in the acquisition, Jan Vyskocil assures, "We are proud that Oliver Frank has entrusted us with his company. We inherit a financially sound business with a strong brand and motivated employees. We will continue to develop his legacy with respect and appreciation, in alignment with our philosophy and values."

Looking ahead, lodgyslife Group intends to further develop the German market under the AZUR and Camping Lodge brands. This strategic move opens avenues for portfolio management and diversified product offerings. The company aims to significantly increase its market share in the DACH region through additional acquisitions and robust organic growth in overnight stays. The efficient platform developed over the past few years, focusing on digitization, operations, marketing, finance, and HR, serves as a foundation for achieving substantial synergy effects..

To facilitate its ambitious growth plans, lodgyslife AG has signed a substantial revolving credit facility. Philip Spahni, Chief Investment Officer, highlights, "The significant financing received by lodgyslife in today's challenging market environment, in parallel with the acquisition of AZUR, underscores confidence in our business model and the potential of the camping and outdoor sector. With this capital, we are well-positioned to realize our ambitious growth plans, invest in existing locations, and offer our guests the best camping experience."

About lodgyslife AG:

lodgyslife AG specializes in acquiring campsites in the DACH region, focusing on succession arrangements, reorganizations, realignments, and tenant changes. The company applies innovative and forward-looking concepts, incorporating input from sellers and landlords, with a strong emphasis on sustainability, ecology, digitization, quality, and service. The group aims for rapid growth in the DACH region and currently includes Swiss Camping Lodge AG and AZUR Freizeit GmbH in Germany. The company's shares are listed on the Hamburg Stock Exchange (WKN: A2LQ71, ISIN: DE000A2LQ710). For more information, please visit https://www.lodgyslife.com

Media contact:

Pascal Urscheler

lodgyslife AG

+41 76 349 58 28

pascalu@lodgyslife.com

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Emitter:	lodgyslife ag Hausener Weg 29 60489 Frankfurt am Main Germany
Contact Person:	Pascal Urscheler
Phone:	+41 76 349 58 28
E-Mail:	pascalu@lodgyslife.com
Website:	www.lodgyslife.com
ISIN(s):	DE000A2LQ710 (Share)
Stock Exchange(s):	Free Market in Hamburg