Vertiseit’s subsidiary Visual Art signs agreement with Salling Group
12 augusti, 13:11
12 augusti, 13:11
Vertiseit, through its wholly owned subsidiary Visual Art, has signed a five-year framework agreement with Denmark’s largest grocery retailer, Salling Group – with brands including Netto, Føtex and Bilka – to deliver licenses for Visual Art’s platform for In-store Experience Management (IXM) and related services. The partnership constitutes the start of an expansive collaboration with Salling Group on Denmark’s single largest Retail Media network.
Visual Art is a leading provider of Digital In-store solutions, with a strong footprint within the Food & Beverage sector, including grocery and convenience retail. With a focus on driving business value for its customers, Visual Art has earned strong international recognition for its Digital In-store concept development, tech and platform.
Salling Group is a Danish retail company headquartered in Aarhus, operating major grocery brands including Netto, Føtex and Bilka. Founded in 1906, operating more than 2,000 retail venues in Denmark – of which more than 700 grocery stores – the group is one of Denmark’s largest private employers and plays a central role in the country's retail sector.
The agreement has an initial duration of minimum five years and includes licenses to Visual Art’s IXM Platform with enhanced Retail Media capabilities – delivered as SaaS – as well as related services for call-off during the period. The agreement with Salling Group, covering Denmark’s single largest Retail Media network, is an important proof of the relevance for Retail Media in Digital In-store solutions within retail.
Contacts
Johan Lind, Vertiseit CEO/ Media Contact
johan.lind@vertiseit.com
+46 703 579 154
Jonas Lagerqvist, Vertiseit Deputy CEO / CFO / Investor Relations
jonas.lagerqvist@vertiseit.com
+46 732 036 298
Redeye AB is the company’s Certified Adviser
About Vertiseit
Vertiseit is a leading platform company within In-Store Experience Management (IXM). The company operates through its subidiaries Dise, Grassfish and Visual Art that enable global brands and leading retailers to strengthen the customer experience by offering a seamless customer journey through connecting the physical and digital meeting. The company has around 270 employees in Sweden, Norway, Denmark, Finland, Austria, Germany, Spain, UK and USA. During the period 2012-2024, Vertiseit performed an average profitable growth of recurring SaaS revenue (ARR) of 50 percent (CAGR). For the full year of 2024, the group’s net revenue amounted to SEK 464 million, with an adjusted EBITDA margin of 21 percent. Since 2019, Vertiseit’s B-share is listed on Nasdaq First North Growth Market.
VERTISEIT AB (publ)
Phone: +46 340 848 11
E-mail: info@vertiseit.com
Kyrkogatan 7, 432 41 Varberg, Sweden
Org.no: 556753-5272
www.vertiseit.com
Attachments
Vertiseit’s subsidiary Visual Art signs agreement with Salling Group
12 augusti, 13:11
Vertiseit, through its wholly owned subsidiary Visual Art, has signed a five-year framework agreement with Denmark’s largest grocery retailer, Salling Group – with brands including Netto, Føtex and Bilka – to deliver licenses for Visual Art’s platform for In-store Experience Management (IXM) and related services. The partnership constitutes the start of an expansive collaboration with Salling Group on Denmark’s single largest Retail Media network.
Visual Art is a leading provider of Digital In-store solutions, with a strong footprint within the Food & Beverage sector, including grocery and convenience retail. With a focus on driving business value for its customers, Visual Art has earned strong international recognition for its Digital In-store concept development, tech and platform.
Salling Group is a Danish retail company headquartered in Aarhus, operating major grocery brands including Netto, Føtex and Bilka. Founded in 1906, operating more than 2,000 retail venues in Denmark – of which more than 700 grocery stores – the group is one of Denmark’s largest private employers and plays a central role in the country's retail sector.
The agreement has an initial duration of minimum five years and includes licenses to Visual Art’s IXM Platform with enhanced Retail Media capabilities – delivered as SaaS – as well as related services for call-off during the period. The agreement with Salling Group, covering Denmark’s single largest Retail Media network, is an important proof of the relevance for Retail Media in Digital In-store solutions within retail.
Contacts
Johan Lind, Vertiseit CEO/ Media Contact
johan.lind@vertiseit.com
+46 703 579 154
Jonas Lagerqvist, Vertiseit Deputy CEO / CFO / Investor Relations
jonas.lagerqvist@vertiseit.com
+46 732 036 298
Redeye AB is the company’s Certified Adviser
About Vertiseit
Vertiseit is a leading platform company within In-Store Experience Management (IXM). The company operates through its subidiaries Dise, Grassfish and Visual Art that enable global brands and leading retailers to strengthen the customer experience by offering a seamless customer journey through connecting the physical and digital meeting. The company has around 270 employees in Sweden, Norway, Denmark, Finland, Austria, Germany, Spain, UK and USA. During the period 2012-2024, Vertiseit performed an average profitable growth of recurring SaaS revenue (ARR) of 50 percent (CAGR). For the full year of 2024, the group’s net revenue amounted to SEK 464 million, with an adjusted EBITDA margin of 21 percent. Since 2019, Vertiseit’s B-share is listed on Nasdaq First North Growth Market.
VERTISEIT AB (publ)
Phone: +46 340 848 11
E-mail: info@vertiseit.com
Kyrkogatan 7, 432 41 Varberg, Sweden
Org.no: 556753-5272
www.vertiseit.com
Attachments
Vertiseit’s subsidiary Visual Art signs agreement with Salling Group
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