Prodways Completes the Sale of Its Software Business for €35M and Announces Intent to Launch a Share Buyback Offer
Prodways Group has finalized the sale of its Software business, operated by its subsidiary AvenAo, for a sum of €35 million. This transaction is part of the group's refocusing strategy announced in 2025.
Sale of the Software Distribution and Integration Business
Prodways Group completed the sale of its Software business, specializing in the distribution and integration of 3D design software solutions, on May 5, 2026. The agreement was signed in March 2026, as previously announced by the group on March 6, 2026. The General Meeting of Shareholders on April 24, 2026, approved this transaction. All suspensive conditions having been lifted, the sale proceeded according to the planned schedule.
Redistribution of €20 Million to Shareholders via a Share Buyback Offer
Following this sale, the Board of Directors announced its intention to propose a significant redistribution of the sale proceeds, amounting to €20 million, in the form of a public share buyback offer (OPRA). An independent expert has been appointed to assess the terms of the transaction. Financial advisors and the presenting institution have been selected to facilitate its implementation. This public share buyback offer will be subject to shareholder approval at the next General Meeting and to obtaining a declaration of compliance from the Financial Markets Authority.
