Core Insights - Diginex Limited has successfully acquired PlanA.earth GmbH, enhancing its capabilities in sustainability RegTech solutions and expanding its European presence [1][2][3] Company Overview - Diginex Limited is a leading provider of Sustainability RegTech solutions, focusing on advanced ESG, climate, and supply chain data management tools [1][8] - The company utilizes technologies such as blockchain, AI, and machine learning to improve transparency in corporate regulatory reporting and sustainable finance [8] Acquisition Details - The acquisition of Plan A was completed for a total consideration of approximately €55 million, consisting of €3 million in cash and 6,720,317 ordinary shares valued at around €52 million [3] - Plan A is recognized as one of Europe's top AI-powered carbon accounting and decarbonization platforms, serving major clients like BMW, Deutsche Bank, and Visa [2][11] Strategic Implications - This acquisition significantly strengthens Diginex's position in the European market and facilitates accelerated expansion into Asia and North America [2] - The combined platform will offer a comprehensive solution that integrates regulatory compliance, emissions tracking, and decarbonization strategies, addressing fragmentation in the sustainability software market [4] Market Context - The global ESG and carbon accounting software market is projected to grow to $80–100 billion by 2030, driven by regulations such as the EU's CSRD and ISSB standards [5] - Diginex is well-positioned to capture a significant share of this high-growth sector following the acquisition [5] Leadership Statements - Diginex's Chairman, Miles Pelham, emphasized that the acquisition marks a pivotal milestone in building an advanced sustainability platform [6] - Plan A's founder, Lubomila Jordanova, noted that the integration of their decarbonization technology with Diginex's strengths creates a sophisticated solution for actionable climate impact [6]
Diginex Limited (NASDAQ: DGNX) Closes Acquisition of PlanA.earth GmbH ("Plan A"), Creating One of Europe's Leading Integrated ESG, Carbon Accounting, and Decarbonization Platforms