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2 clusters · 5 sources · 21 days · First seen · Last updated

Shelly Group corporate restructuring and acquisitions

Overview

Shelly Group SE, a Sofia-based IoT and smart-building solutions provider, has undergone significant corporate developments involving its subsidiaries and shareholding structure.

In July 2026, the company completed the full acquisition of its Slovenian subsidiary, Shelly Tech, by exercising a call option to purchase the remaining 24% stake for €948,939.02. This move grants Shelly Group 100% ownership of the Nova Gorica-based unit, aiming to streamline operations and expand its presence in Central and Eastern Europe.

In August 2026, board member and shareholder Svetlin Todorov restructured his holdings via an in-kind contribution. He transferred 1,184,995 shares, representing 6.53% of the company's share capital, to Salisto Holdings LLC, a company under his sole control. While his direct ownership shifted to 21.26%, his total aggregate position and control over Shelly Group SE remains unchanged at 27.79%.

Entities

Shelly Group SE · Nova Gorica · Sofia · Salisto Holdings LLC · Shelly Tech

Timeline

  1. 24 days ago

    [BUSINESS] 5 sources
    Svetlin Todorov restructures Shelly Group SE shareholdings

    Shelly Group SE board member Svetlin Todorov transferred 6.53% of the company's shares to his controlled entity, Salisto Holdings LLC, maintaining a total stake of 27.79%.

  2. about 1 month ago

    [BUSINESS] 4 sources
    Shelly Group Completes Full Acquisition of Slovenian IoT Unit Shelly Tech

    Shelly Group SE bought the remaining 24 % of Slovenian IoT subsidiary Shelly Tech for €948,939, completing full ownership and aiming to streamline operations across Europe.

Sources

citybuzz.co · finanzen.at · it-boltwise.de · jkadworld.com · newmediawire.com