Core Viewpoint - Diginex Limited has signed a definitive share purchase and transfer agreement to acquire PlanA.earth GmbH, enhancing its capabilities in sustainability and carbon accounting solutions, and positioning itself to capitalize on the growing ESG reporting market [1][5][6]. Company Overview - Diginex Limited is a leading provider of Sustainability RegTech and data management solutions, utilizing blockchain, AI, and machine learning to enhance corporate regulatory reporting and sustainable finance [9][10]. - Plan A is recognized as Europe's leading Greentech provider, offering an AI-powered platform for carbon accounting and ESG reporting, serving over 1,500 businesses globally [12]. Strategic Acquisition - The acquisition involves Diginex paying €3 million in cash and issuing 6,720,317 shares valued at €52 million for 100% equity of Plan A [1]. - This strategic move combines Diginex's ESG reporting capabilities with Plan A's carbon accounting technology, creating a comprehensive sustainability platform [3][4]. Market Potential - The global market for ESG reporting and carbon accounting software is expected to grow at a CAGR of approximately 20-25%, reaching between USD 80-100 billion by 2030 [5]. - The Sustainability RegTech industry is at a pivotal inflection point, driven by increasing regulatory, investor, and customer expectations for transparency and accountability in sustainability efforts [6]. Enhanced Capabilities - The combined platform will provide a one-stop solution for corporate audit, ESG reporting, and decarbonization needs, including supply chain transparency and performance tracking [4]. - Diginex aims to deepen its European presence through Plan A's established customer base while facilitating Plan A's growth in Asia and North America [7]. Leadership Insights - Diginex's Chairman highlighted the acquisition as a transformative milestone, emphasizing the synergy between Diginex's ESG tools and Plan A's carbon expertise [8]. - The CEO of Plan A noted that the partnership will address the fragmented nature of the market, enabling businesses to manage sustainability data more effectively [8].
Diginex Limited Announces Signing of Definitive Agreement to Acquire Plan A, Creating One of Europe’s Leading Integrated ESG, Carbon Accounting and Decarbonization Platforms