Shelly Group SE (Ticker: SLYG/ ISIN: BG1100003166), a provider of IoT and smart building solutions based in Sofia, Bulgaria, announced on July 28, 2026, that it has exercised a Call Option for the acquisition of the remaining 24% of the share capital in its Slovenian IoT subsidiary Shelly Tech, previously trading as GOAP Racunalniški inzeniring in avtomatizacija procesov d.o.o. Nova Gorica. This move marks the final stage of the acquisition process based on an Option Agreement signed between Shelly and the Target Company’s shareholders, first announced in January 2023.
The total purchase price for the 24% stake under the exercised Call Option is EUR 948,939.02, calculated in accordance with the terms of the Option Agreement. The transfer of shares is subject to further procedures expected to be completed in the coming weeks. This acquisition underscores Shelly Group’s commitment to consolidating its ownership and operations in Slovenia, a key market for IoT development.
Shelly Group develops, designs, and distributes IoT and smart building solutions for both DIY and professional users. The company’s products enable remote control, automation, and energy management of electrical appliances and smart building systems via smartphones, PCs, or third-party home automation systems. In addition to device sales, Shelly Group generates revenue from its cloud applications and benefits from an asset-light production model through contract manufacturers.
The company has a strong presence in German-speaking countries and markets its products in over 100 countries. With sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China, Shelly Group maintains a broad international footprint. Shelly Group SE is listed on the Bulgarian Stock Exchange and on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), and is included in the SDAX.
For further information, visit corporate.shelly.com. The original release is available at www.newmediawire.com.
