globalizing Docomo’s mobile payment and content services
bringing German mobile know-how to Japan
On September 11, 2009, NTT Docomo announced a voluntary public tender offer for shares of net mobile AG. The tender offer was closed on November 27, 2009, and Docomo Deutschland GmbH acquired 6,126,567 shares at € 6.35 per share corresponding to 79.59% of the company, at a total acquisition cost of € 38.9 million, thus valuing net mobile AG at € 48.9 million.
Acquisition of Bankverein Werther AG to create Net-m Privatbank 1891 AG
On September 22, 2011, NTT Docomo announced the additional investment of up to € 28.4 million (YEN 3.1 billion) in net mobile AG, for the purpose of net mobile AG acquiring Bankverein Werther AG.
The company goes back to the foundation of the financial cooperative “Vorschussverein zu Werther”, which was founded in 1877 in Werther, near Bielefeld in Germany. In 1891, the Vorschussverein zu Werther was transformed into the bank “Bankverein Werther Aktiengesellschaft”. During 2011, Net Mobile AG acquired 93% of shares of Bankverein Werther AG. On December 1, 2011, the traditional banking business, including the trademark “Bankverein Werther” was sold to the regional bank “Volksbank Paderborn-Höxter-Detmold eG“.
With the sale of the traditional banking business and the tradename and brand, the bank reentered the market as Net-m Privatbank 1891 AG. At the end of 2012, Net Mobile AG acquired all remaining shares, so that Net-m Privatbank 1891 AG became a 100% owned subsidiary of net mobile AG.
net mobile AG
net mobile AG was founded on 9 October 2000 in Köln, and headquarters later the same year moved to Düsseldorf (Handelsregister/trade registry No. HRB 48022). In 2001, Net Mobile AG acquired SMS Infowelt. net mobile AG’s business at that time was marking info-SMS, ringing tunes, and other information services for mobile phones.
net mobile AG is a public company, traded at the Frankfurt and München Stock Exchanges (Freiverkehr).
Currently the market cap of net mobile AG is € 77 million (US$ 94 million).
Share ownership (according to the net-mobile website):
- 87,13 % DOCOMO Deutschland GmbH, a 100& subsidiary of NTT Docomo Inc.
- 12,87% traded on the Frankfurt and München stock exchanges
net mobile AG subsidiaries
- net mobile MINICK GmbH (vormals: MINICK Germany GmbH), Hamburg
- first telecom GmbH, Frankfurt a.M.
- first communication GmbH, Frankfurt a.M.
- SN Telecom GmbH, Frankfurt a.M.
- net mobile Verwaltungs AG (vormals: MINICK Holding AG), Zürich/Schweiz
- net-m privatbank 1891
- net mobile Schweiz AG, Zürich/Schweiz
- net mobile Spain SLU, Madrid/Spanien
- GOLDkiwi Media S.L., Diegem/Belgien
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